Regulatory Alerts2024-01-01 | JPRM-2024-025-GResolution JPRM-2024-025-G Approving the Budget of the Central Bank of Ecuador for the 2025 Fiscal Year
The Monetary and Financial Policy Board of Ecuador issued Resolution JPRM-2024-025-G to formally approve the 2025 budget for the Central Bank of Ecuador following a favorable opinion from the Ministry of Economy and Finance. The resolution mandates the General Management of the Central Bank to execute the budget while providing quarterly progress reports on its implementation and strategic plans. It further stipulates that any future reforms to the budget require prior approval by the Board using the same procedural steps as the original approval.
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