Ecuador’s National Assembly approves proposed budget for 2026

In December 2025, Ecuador’s National Assembly approved the government’s 2026 budget proposal, with 78 votes in favour, 66 against, and four abstentions. The budget focuses on social programmes, security, and infrastructure development, with total budget spending set at $46.3bn, equivalent to 33.27% of GDP, which represents a 13% increase compared to the 2025 budget spending. It is based on projected real GDP growth of 1.8% in 2026, with nominal GDP estimated at $139.1bn. The macroeconomic framework estimat ...