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LatinNews Regional Monitor: Andean Group - 21 June 2019

In brief: Ecuador

* Ecuador’s finance ministry has announced that it expects US$3.8bn in investments in its mining sector until 2021. In a press release, the finance ministry highlights the importance of the sector, forecasting that, by 2021 it will become the country’s most important non-oil export sector. The finance ministry anticipates that the mining sector will grow from 1.6% of GDP in 2017 to account for 4% of GDP in 2021, which it expects will generate more than 30,000 job opportunities directly and indirectly.

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