Ecuador Debt To Pay Judiciary, Education, Health Budgets in 2026

Ecuador’s government will use debt to pay the judiciary, public health and education system budgets next year, according to a presidential decree signed by President Daniel Noboa.

• Noboa cited an article in the public finance law that allows “exceptional” use of debt for spending on health, education and the judiciary
• Raising debt is needed because of a “structural gap” as taxes and other non-debt forms of income are under current legislation insufficient to cover the rise in spending, according to the decree
• NOTE: The deadline to submit the 2026 budget to congress is Oct. 31
• NOTE: Ecuador Unlocks $600M ...