by Enrico Tortolano
WITH nearly 70 per cent of the vote, Ecuador’s left-wing president, Rafael Correa, has won a landslide referendum on a new constitution which will implement radical reforms.
He called it a “clear, historic victory” and urged Ecuadoreans to help him “achieve a brave, sovereign homeland, just and without misery”.
He wanted a new constitution to take control of the economy and increase spending on health, education and other social measures aimed at reducing poverty in the country.
It will also give the president more control over the armed forces, the right to stand for two more terms in office as well as increased state control over monetary and oil policy.
“Today, Ecuador has decided on a new nation, the old structures are defeated”, a jubilant Mr Correa told celebrating supporters.
The progressive president says it will also help to eradicate a political class that has made Ecuador one of Latin America’s most corrupt countries.
He has already taken a tough stance with the oil companies, whom he wants to accept a flat fee for extraction with no share of profits.
Oil companies are resisting and, if they are successful, it could lead to a stagnation in output.
World economic problems could mean lower prices for Ecuador’s resources, making it hard for Correa to meet expectations on social spending.
A future with justice and equity is what the Ecuadorean people have voted for.
With 40 per cent of the population living in poverty, Correa’s supporters hope his victory will allow him to push ahead quickly with his reforms.
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