HUMAN RIGHTS COUNCIL
From December 2017 to June 2019, poverty in Ecuador affected 25.5% of the national population. Extreme poverty reached 9.5%.
The above figures are linked to economic-social measures taken by the Government of Ecuador, in particular with the implementation of the agreement with the International Monetary Fund (IMF), although reforms began before such agreement was adopted. In particular, one of the first major economic measures taken by the government of President Lenin Moreno was carried out on the 20th August 2018 when the “Ley Orgánica para el Fomento Productivo, Atracción De Inversiones, Generación de Empleo, y Estabilidad y Equilibrio Fiscal” (Organic Law on Productive Promotion, Investments Attraction, Job Generation, and Fiscal Stability and Balance) was passed.