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Police in Guayaquil dismantled a massive phone theft operation involving 25,000 stolen devices valued at over $3 million. Authorities recovered approximately 30% of the phones through device tracking. The scale reveals how organized phone theft has become -- and why basic security practices matter for every resident.
Friday April 3 is a mandatory national holiday in Ecuador. Banks are closed through Sunday, government offices shut down, but supermarkets and pharmacies stay open. President Noboa's VAT reduction to 8% on tourism services kicks in for the long weekend.
The IMF reached a staff-level agreement on the fifth review of Ecuador's $5 billion Extended Fund Facility on March 31. If approved by the Executive Board, Ecuador will receive a $394 million disbursement, bringing total draws to $3.33 billion -- 66% of the program.
Ecuador's Semana Santa holiday runs April 3-5 with Good Friday as a national holiday. Banks and government offices close, IVA drops to 8% for tourism, and major processions take place across Quito, Guayaquil, Cuenca, and Riobamba. Here's your practical guide.
Banco Bolivariano issued Latin America's largest biodiversity bond at $120 million, backed by IDB Invest ($50M), IFC ($50M), and FMO ($20M). The 5-year bond funds sustainable agriculture, freshwater and marine ecosystem protection, waste management, forestry, and ecotourism.
The FBI opened a permanent office at the U.S. Embassy in Quito on March 12, assigning a full-time agent to coordinate joint investigations targeting drug trafficking, weapons smuggling, and money laundering. Ecuador simultaneously created a new National Police unit to work alongside the bureau.
Semana Santa runs from March 29 to April 5 this year, with Good Friday on April 3 as the national holiday. Expect bank closures, alcohol restrictions, packed beaches, and one of Ecuador's most significant cultural celebrations.
Semana Santa runs March 29 through April 5 this year, with Good Friday (April 3) as the national holiday. Banks close, alcohol sales may be restricted, and beach towns fill up fast. Here is everything expats need to know.
Ecuador's Registro Civil has extended walk-in service for cédulas and passports through July 31, 2026. No online appointment required at any of the 64 agencies nationwide. In Cuenca, the San Blas office can issue a passport in about 30 minutes.
Ecuador's international reserves reached $11,940 million as of March 13, 2026 — the highest level in the country's history. In a dollarized economy, reserves directly back every dollar in circulation, making this a significant indicator of financial stability.
The Federal Bureau of Investigation has established its first permanent office in Ecuador, housed at the U.S. Embassy in Quito. The office will support joint investigations with Ecuador's National Police targeting drug trafficking, money laundering, and terrorism financing.
Informal moneylenders continue to charge usurious interest rates in Loja’s market economy despite government programs offering subsidized microloans — a problem that traps local vendors in debt cycles and affects the cost of goods for everyone, expats included.
