Indigenous and Union Organizations Protest against Ecuadorean President Lenin Moreno's Austerity Measures

  • The indigenous and union organizations of Ecuador are continuing their protest on Saturday and pushing for overturning the austerity measures implemented by the Ecuadorean President Lenin Moreno. These organizations have vowed not to let-up their protest despite the transport unions calling off their two-day-strike, which gave Moreno a reprieve on Friday night. The President of the CONAIE umbrella indigenous group, Jaime Vargas, has told media that “the indigenous movement is mobilizing indefinitely in the whole country”.  The Moreno government started shelling out belt-tightening economic reforms after finalizing a 3-year-long $4.2 billion loan deal with the IMF. Foreign Minister Jose Valencia called the decision “tough but indispensable…which the government thinks will have a positive impact in the medium and long term”. The head of the Workers’ United Front umbrella union, Mesias Tatamuez, said that “the Ecuadorean people are indignant at this package, which is a prize for businessmen and bankers, to comply with the IMF’s recipe.”