Daniel Noboa: 'markets Are Terrified of Luisa González'

Daniel Noboa: 'markets Are Terrified of Luisa González'
country risk
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Ecuador

Daniel Noboa stated that the correísta candidate Luisa González generates uncertainty in international markets.

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In a radio interview this Tuesday, President Daniel Noboa stated that González's stance on the economy is concerning for investors. “She has said she's going to use international reserves, that she won't pay the debt, that she's going to attack foreign investors who come here,” he noted. 

According to the centrist Noboa, the country's risk increased after February 9, as markets were expecting a first-round victory.

The index measures investors' confidence in a country's economic stability and affects its access to international financing.

Daniel Noboa
Daniel Noboa

Since the elections, Ecuador's country risk has shown an upward trend, reaching 1,369 points on February 21, 2025, an increase of 466 points compared to the 903 recorded before the elections.

Noboa's statements come amid a polarized electoral campaign with a strong debate on the country's economic management and the impact of a possible return of Correa's movement to power.


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