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Ecuadoreans back new constitution.

Kelvin Cardenas
30 September 2008

Mr Correa declared his "citizen's revolution" had been confirmed Ecuadorean citizens have convincingly licensed a new constitution that increases presidential powers. With lots ballots counted, results show 64% of electorate backed the charter, an outcome President Rafael Correa hailed as a "historic win". He has related the new constitution will help bring about a more just society and tackle instability in Ecuador.

The constitution permits him to melt Congress in the first 3 years of its four-year term. The package contains some of the most wide-ranging suggestions the country - or any country in the area - saw, claims the BBC's Daniel Schweimler. " President Correa entreated a bunch of advocates in his coastal hometown of Guayaquil.

"This is confirmation of the voter's revolution we are offering." Mr Correa, a 45-year-old US-trained economic guru, has declared he is satisfying the guarantees he made when he won elections almost 2 years back. He got voted in following years of chaos in Ecuador which saw irritated crowds throw three presidents from office in the prior ten years. The poor bank on referendum The articles in the suggested constitution include plans to tighten control of critical industries like oil and mining. Some foreign loans might be announced illegitimate so they wouldn't need to be paid and there are plans to give free medical care to older voters. President Correa is offering more say in the running of the country to ladies, the poor and Ecuador's huge native community. He is saying he is attempting to scale back the power and influence of the business and land-owning select that has always run the country. Some say Mr Correa is a puppet of the Venezuelan President, Hugo Chavez, and therefore the state will meddle pointlessly in business affairs. Foreign financiers, particularly in Ecuador's oil industry, are worried the new laws will scale back their profits and therefore the country won't pay its foreign debts, he asserts. The US, he adds, will be worried about what plenty of there see as another move to the left in South America. In his speech after the referendum, Mr Correa entreated people who voted against the new constitution to put aside their differences. "Let them acknowledge defeat and let's strike out together in the new direction the majority of Ecuadoreans, and all South America, are setting : a society with additional justice, much more equality and without so much misery.".

 

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