Ecuador's Finance Leadership Shake-up Amid Political Tensions

Ecuador's President Daniel Noboa appoints Luis Alberto Jaramillo as the new Finance Minister after Juan Carlos Vega resigns. The change comes during a tense reelection campaign and increasing security concerns, prompting military deployment. Vega expressed gratitude to Noboa before stepping down but did not specify his reasons.


Devdiscourse News Desk | Updated: 14-02-2025 00:07 IST | Created: 14-02-2025 00:07 IST
Ecuador's Finance Leadership Shake-up Amid Political Tensions

Ecuador's political landscape sees a notable change as President Daniel Noboa appoints Luis Alberto Jaramillo as the new Finance Minister. Jaramillo steps in after Juan Carlos Vega's unexpected resignation.

While Vega did not disclose reasons for his departure, he expressed appreciation for the chance to serve, having assumed the role in November 2023.

This shift occurs amidst Noboa's intense reelection efforts against leftist candidate Luisa Gonzalez, under a tight security climate that has compelled the President to use military force domestically.

(With inputs from agencies.)

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