Guillermo Lasso, a conservative, assumed presidency of Ecuador on May 24, 2021 and has become first right-wing leader in 14 years in Ecuador.
Highlights
Rejuvenation of an economy that has contracted by 7.8 percent in 2020 and the overall debt stands at 63 percent of GDP is the major challenge before the new President. Apart from that, Ecuador is battling economic and health crises as covid-19 has infected about 420,000 people and killed more than 20,000.
Where is Ecuador located?
Ecuador is a country in northwestern South America. It is not a landlocked country and is surrounded by Colombia to the north, Peru to the east & south, and Pacific Ocean to the west. Galapagos Islands in Pacific is also a part of Ecuador. Quito is the capital city of Ecuador. Spanish is the official language. It is a founding member of United Nations, Non-Aligned Movement and Organization of American States. It is the first country in world to recognise rights of nature or ecosystem rights through Constitution of Ecuador in 2008.
Guillermo Alberto Santiago Lasso Mendoza
He is a banker, businessman, writer and politician who recently became 47th president of Ecuador. He is the first center-right president in two decades.