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Ecuador Launches Historic Debt Audit Commission

by Eurodad

27 July 2007

On 23 July, in Guayaquil Ecuador, the Ecuadorian Ministry of Economy and Finance launched the world’s first debt audit commission to have the full support and involvement of the government.

The "Comision para la Auditoria Integral de la Deuda Publica" (CAIC) is composed of national and international experts in the fields of debt, economics, law and local social and environmental struggles, coupled with representatives of the Ministry of Economy and Finance, the Procurador, the Auditor General, and Civic Corruption Authority. International advisors to the audit commission include Alejandro Olmos of Argentina, Oscar Ugarteche, Peruvian economist, Eurodad`s Gail Hurley, Jurgen Kaiser of, Maria Lucia Fatorelli of Brazil and Eric Toussaint from Belgium. More

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