A look at the weather: The old year has passed in the Andean highlands, with plenty of sunshine. Between Christmas and New Year's, there were only sporadic rain. The temperature rose during the day again on the 20-degree mark. This enabled the inhabitants of Quito follow the traditional New Year's parade on Avenida Amazonas in the Polo shirt or summer dress.
government increases minimum wage
minimum wage increases by 30 dollars: The Ecuadorian government has decided to raise the minimum wage this year from 170 to 200 dollars. This represents an increase of over 17 percent. In the next few years, the monthly minimum wage for full-time work should continue be increased gradually. The aim, according to a spokesman from the government that in 2011 each worker in the industrial sector get a minimum wage of 290 dollars.
New inheritance tax and property tax decided
Constituent Assembly decides to change the tax law: In Ecuador are large inheritances will be taxed more. This was decided by the Constituent Assembly last week. Inheritances are affected from an altitude of 50,000 dollars. The maximum rate of inheritance tax is 35 percent. This is, however, levied only on estates from $ 600,000. Was also decided to levy a property tax on land owned by more than 20 hectares. However, it is still not clear how high the mite is charged by the state. Calculated that relates to the property tax less than ten percent of the Ecuadorian population. This is intentional: The tax would primarily take the big landowners.
thriving business with tuna
revenue increased significantly: the export of tuna has brought in Ecuador last year in exports combined. The revenue amounted to from January to October 2007 some 280 million dollars. They are about 35 million dollars more than in 2006. But with Germany, the business doubled to 30 million dollars. In Ecuador, there are more private security guards than police officers:
more security guards than police officers in Ecuador
protect the majority from the private sector. It is apparent from the statistical to a recent state Police. Accordingly, in the country about 42,000 security guards are officially registered. They work for 1062 companies. The number of police officers is according to statistics just over 39,000. The relative high number of private security guards has a serious background. For fear of robbery or theft, almost every organization makes to the public additional private protection.
tourists flock to the beaches
hotels report good occupancy, many Ecuadorians have it pulled for the New Year on the beaches of the country. Some 120,000 tourists could be New Year's Day the sun shine in your face. The hotels along the coast were utilized at 90 percent, as a spokesman for the hotel association said. However, it took only a few guests in the tourist resorts of the Sierra, such as Baños.
First Football League game system changes
42 games to the title: The Ecuadorian Football League has approved a reform of the gaming system. A simple solution came here, however. The mode of the first division is as follows: First, the 12 teams play in a round, all against all with a return game. Then the teams will be divided into two groups of six teams. Again, there are outward and return legs. The best Six out of the two main rounds finally play in a final tournament of the champions. Must descend into this year only one team. The most successful teams have to deliver a total of 42 games. The season runs from 10 February to 21 December.
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COMMENT - Dr. Eckhart Wolff
The year 2008 will bring a new Ecuador constitution. The hope of the people that finally rest stop off in politics are great. Many want more justice and a little more prosperous. Our comment of the week takes Eckhart Wolff comments on some upcoming changes.
What will the new year in Ecuador? I think a lot of changes. The Constituent Assembly has included in the coastal town of Montecristi work. The individual committees have set their schedules by May 2008. Then everything should be signed and sealed. By the middle of next year, is the political Normal life hopefully. Then the president, the country will have ruled 1 ½ years without a parliament by decree, here and there with choice gifts. But the direction is clear. There is more order and justice prevail. This becomes clear in several decisions that occur in some cases long before mid-2008.
Over the past nearly 10 years, the tax office system was developed. Before that, it would transition and to purchase goods without a receipt. Then they were 10% cheaper. They saved simply the VAT. What there was an outcry when the first stores for tax evasion were closed for a week, with big plastic bands bonded with the inscription:!. This business has defrauded the state and the IRS "Today you can still so much want to save the VAT, the business owner can be sure no longer Many professional groups provide good on their revenue and so bubbled the..
government revenues. Suddenly, and money for road building or as other public projects.
More order reflected in the fact that is required from March 2008, every car owner, car insurance for at least $ 5,000 , -. The finish will be controlled by the police, a claim the protection of at least $. 5,000 - sounds little, but it's a start. Hopefully there is therefore less run driver after an accident. In addition, each license holder will next year take a theory test. Since three years the ride has improved significantly since it is a duty, as a newcomer to make a three-week driving course with exam. Now you want to shirk all the professional drivers again to school, what they do not like him though.
planned for many measures, the state needs more money. So shall now the taxes on tobacco and alcohol are approximately doubled. The inheritance tax is also higher, particularly for the rich. Particularly controversial, the 10% tax on education and tuition fees of private institutions on a total price of $ 5,000, - per year. This will also be asked to pay the rich. But in this case, it is also true arms, for each such school is committed 10% of
to support students from their own resources.
These are just some of the details known so far. More important, the new structure of the state will be. Who supervises the banks? The President now? What scope is given to the private initiative? The direction is predictable. The state will back stronger. Private Institutions will have to pay. All in all, but probably more order in the country, but also more control and enforcement. Whether this corruption is stopped, is doubtful. Most of the funds are in fact embezzled from public contracts, such as for roads. Since the state run the millions out of his pocket. I do not think it is possible the Constituent Assembly to put this swamp dry.
questions?
email: deutsch@hcjb.org.ec
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