Name: Ecuador’s president looks to overhaul country’s economy
Uploaded: 2023-12-22T05:26:23+08:00
Duration: 2 min 48 s
Description: Ecuador's new president Daniel Noboa is seeking to overhaul the country's stagnant economy by selling gold reserves, cutting costs, and possibly seeking more international loans.

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02:49

Ecuador's new president Daniel Noboa is seeking to overhaul the country's stagnant economy by selling gold reserves, cutting costs, and possibly seeking more international loans.

Last week, the country’s youngest-ever president said his government will cut $1 billion in public spending and seek loans from multilateral organizations.

CGTN’s Dan Collyns reports.

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