Guillermo Lasso assumed the presidency on May 24, 2021, amid a polarized election, resulting in a fragmented parliament and increasing tensions between the executive and legislative branches. After the BTI assessment period, a questionable impeachment trial prompted Lasso to dissolve parliament in February 2023, triggering general elections. Right-wing leader Daniel Noboa assumed the presidency on November 23, 2023.
Ecuador’s economy suffers from the war in Ukraine, the change of economic cycle in China and the chronic lack of productivity of the national economy. The severe economic crisis increased poverty rates and led to ongoing social discontent.
Ecuador’s fragmented parliament hinders the passing of the president’s proposals. Despite initial success in a COVID-19 vaccination campaign, economic crises and service deficiencies resulting from reduced government spending eroded political and social capital. The administration faces challenges with a severe prison crisis involving drug-trafficking organizations, leading to multiple incidents and five major prison massacres since May 2021.
