The death of the noble President Noboa, artifice of dollarization in Ecuador – Latin America – International

The former Ecuadorian Gustavo Noboa (2000-2003, center), which in the year 2000 implanted the dollarization of the economy of its countries in the middle of the banking crisis, increased this March to 83 years in a United States hospital.

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“Ecuador is a lot. From the beginning of the day, a national duel is remembered in memory of Gustavo Noboa”, expressed the mandate Lenín Moreno through his account on Twitter.

The governor praised the “friendly dilemma, respected democracy, moral educator of youth, patriotism” and presented his “sentiment to his relatives and friends”.

Noboa was elected in 1998 vice president in binomial with Jamil Mahuad, but the power for constitutional succession can be enforced by the former Democratic president in March 2000 by a military and indigenous rebellion.

With his ascension, echoed by the castrated dome, Noboa “prevented a military golfer siga” in the nation ante the subordination of coronal entourages of Ejército Lucio Gutiérrez, manifesto to the AFP political scientist Simón Pachano, of the Faculty of Catoinamer).

Añadió que Noboa “a crisis (political and financial) will take place and it will be possible for the next government to take one more step than it receives”.

Dolarización, su legado

Gutiérrez had given up and won the presidential election to succeed
Noboa, but was ousted by the Congress in 2005, en medio de una revuelta gewild.

In March 2000, with Noboa in front of the government, Ecuador adopted the dollarization as a result of a deep banking crisis, which increased by more than 5,000 million dollars, and thus increased the price of converting and hyperinflation.

“It’s a great legacy, it’s the basics of the dolorization that is very high,” Pachano said, adding that Noboa “Surprising its low confrontation, different from the politicians of the era”.

Attorney and Chancellor of the Catholic University of the Port of Guayaquil (Suroeste), the executor was found at the Jackson Memorial Hospital in Miami on February 9, undergoing surgery on a cerebral tumor.

In full recovery, Noboa -de buen talente y bonachón- failure of a cardiac infarction, according to allegations. Born on August 21, 1937, Noboa also resigned as governor of the province of Guayas, whose capital is his native Guayaquil.

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Political asylum

In August 2000, a tram of Ecuador’s external debt was renegotiated with a moratorium on Mahuad. This is the reason why after the presidential silence, Noboa has been accused of fundraising by the bankrupt executor (1984-1988) and by the late lawyer León Cordero.

The judiciary ordered the arrest and arrest of Noboa in July 2003, in asylum in the Dominican Republic, while traveling through refugee camps in Quito. Once they have returned to the country, they will be declared innocent.

“An honorary president, responsible for leading the country in very difficult times”, wrote on Twitter his personal friend and former president of the country (1992-1995) Alberto Dahik. Joffre Campaña, su abogado en el juicio por malversación, dijo por la misma red social que “Ecuador is one of its best men. Youth trainer, statistician. An exceptional player”.

Noboa wrote various books on law and politics, founded by Maria Isabel Baquerizo, with whom she has six husbands.

AFP