The State has paid more than USD 525 million in MIES bonds in 2024 – 2024-07-17 21:33:20

by times news cr

2024-07-17 21:33:20

On June 18th, when the National government announced that it was going to reduce the subsidies to the fuels Extra y Ecocountrythe head of the Ministry of Economic and Social Inclusion (MIES), Zaida Roviraindicated that part of the money that was allocated for gasolines Now he will go to bonds.

According to Rovira, 40,000 new families -he did not specify the number of people- will join the More than 1.4 million citizens who receive a bonus or pension from the State.

The Executive assures that More families are being identified in situations of poverty and extreme poverty that need the attention of the National Government. To do this, it is coordinated with the Social Registration Unit.

Due to the reduction of gasoline subsidies, the Daniel Noboa Administration expects savings of more than 500 million dollars in one year. According to the former Minister of Finance, Fausto Ortizthat money serves to “reduce the fiscal gap”.

“That money is not in excess. It is not free resources”he emphasized in an interview with Ecuavisa.com.

Rovira said that the new beneficiaries of the bonuses will receive between 55 and 150 dollars per month, corresponding to the Human Development Bonus or anything Human Development Bonus with Variable ComponentIt is not yet known when the first families will begin receiving payments.

Bond classification

In Ecuador, eight types of bonuses or pensions are given:

  1. Human Development Bonus: USD 55 per month
  2. Human Development Bonus with Variable Component: from USD 55 to USD 150 per month
  3. My Best Years Pension: USD 100 per month
  4. Pension for Life: USD 100 per month
  5. 1,000 Days Bonus: USD 60 per month plus three additional payments of USD 90 and two payments of USD 120. This pension is received by pregnant mothers until their children are two years old.
  6. Contingency bonus: the value of a basic family basket
  7. Contingency coverage: From USD 115 to USD 460
  8. Orphanhood bonus: for minors who are orphaned because their mother was a victim of femicide. The amount varies.

As of May 2024 they were 874,167 people who received between $55 and $150 per month from the first two types of bonuses. The number of users represents 61.89% of the total beneficiaries of state subsidies.

He National government has paid this year more than 525 million dollars for bonds and has budgeted to disburse USD 1.3 billion throughout 2024.

According to the Executive, the bonuses and pensions provided by the Mies aim to guarantee a minimum income to families in vulnerable and poor situations “to mobilize them towards a state of greater well-being in the medium and long term.”

Between 2023 and 2024, more than 80,000 people stopped receiving some type of bonus, but this does not mean that their economy has improved. In Ecuador, 6.7 million people live in poverty.

By: Ecuavisa

You may also like

Leave a Comment