...
...
Next Story

Ecuador rolls out new, socialist constitution

Ecuador rolled out its new, socialist-leaning constitution that was overwhelmingly approved by referendum three weeks ago and ushers in a new era of expanded presidential powers and new elections in February.

Updated on: Oct 21, 2008 10:23 AM IST
Advertisement

Ecuador on Monday rolled out its new, socialist-leaning constitution that was overwhelmingly approved by referendum three weeks ago and ushers in a new era of expanded presidential powers and new elections in February.

HT Image
HT Image

Pushed by President Rafael Correa, who is now allowed to run for reelection, the 444-article document that passed by a 64-28 percent margin in the plebiscite was published in the government's official bulletin, making it the law of the land.

The Constitutional Assembly, which drafted the new Magna Carta, will have to convene shortly to organize general elections for February 2009, in which Correa can run for reelection. He has already indicated he would do so.

The new constitution allows the president to run for two consecutive four-year terms, dissolve Congress and call early elections.

Ecuador's new constitution strengthens the government's hold on the economy of this small nation of 13.9 million people , half of whom live in poverty, which is based chiefly on oil, banana and coffee exports, and money sent home by its emigrants.

The new constitution is inspired by the leftist majorities in power in Venezuela and Bolivia and their repudiation of the neoliberal policies of the 1990s, but falls short of nationalizing the country's natural resources as Bolivia and Venezuela have done.

It also guarantees universal health care and free education up to the third year of college, as well as "a dignified and adequate home, independent of one's social and economic situation."

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe