The people of Ecuador are rising up to refound their country as a pluri-national homeland for all. This inspiring movement, with Ecuador's indigenous peoples at its heart, is part of the revolution spreading across the Americas, laying the groundwork for a new, fairer, world. Ecuador Rising aims to bring news and analysis of events unfolding in Ecuador to english speakers.

Monday, April 06, 2009

Ecuadorian president pledged to protect national economy

QUITO, March 31 (Xinhua) -- Ecuadoran President Rafael Correa Tuesday said if he was reelected he would continue his reforms to protect the country's small businesses and promote employment.

While addressing a ceremony attended by 800 businessmen in Guayaquil, Correa said if he wins the presidential election on April 26, he would carry on his "five revolutions," which means institutional, democratic-constitutional, social, ethical and economic reforms, to set up a mutual-benefit economic system.

Correa said Ecuador will adopt a law to impede the privatization and give more decision-making power to public enterprises.

"We seek to build a homeland with equal opportunities, to set anew work model which help us get rid of paternalism and achieve social development," Correa added.

"Poor people need justice, equity and opportunities, rather than charity or donations," he said.

According to Correa, the main purpose of the reforms is to promote the country's employment opportunities.

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