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Ecuador has decided to partially abolish subsidies for industry

Summary by rossaprimavera.ru
Ecuadorian President Daniel Noboa announced the abolition of electricity subsidies for mining companies, Cuenca High Life reported on October 16. “It is ridiculous and unfair to offer subsidies to mining companies, since subsidies should only go to those who need them most,” said the President of Ecuador. Noboa accused the previous government of creating and maintaining subsidies for “well-funded mining companies that make more profits” and sugg…
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Daniel NoboaDaniel Noboa
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