what effects has ecuador for the fall of

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What effects has Ecuador for the fall of oil prices?

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Economy effects

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What effects has Ecuador for the fall of oil prices?

What effects has Ecuador for the fall of oil prices?

First oil well 1924Base of the Ecuadorian economy 2000 to 2012 was totally favoredOil reached $ 100 per barrelBoom petrolero

fallen dramatically ( $53 - $48 ) per barrel

causing damage to the state budget

reduction of public spending indebtedness from friendly countries.

the reduction of public spendingCausealarm public workers unemployed.authorities - not affect projects

deterioration in the trade balance

Indebtedness growmain sources of Ecuador finance.delivers large amounts of moneypresale oil operationsHelp - able to finance .

In conclusionimpacted stronglydepend the oil exportcause damage