Fiscal Year January 1 to December 31 (as of March 31, 2010) Currency unit = U.S. dollar (USD) 1 U.S. dollar = US$1.00 Metric System Abbreviations American Petroleum Institute free on board ATPA Andean Trade Preference Act FOPEDEUPO Fondo Permanente de ATPDEA Andean Trade Promotion and Desarrollo Universitario y Drug Eradication Act Politécnico Central Bank of Ecuador Fiscal Responsibility Law, (Banco Central de Ecuador) with versions I and II CAN Andean Community FTSRL Law on Fiscal Transparency, CEPAL Comisión Económica para Stabilization, and América Latina y el Caribe Responsibility CEPE Corporación Estatal Petrolera gross domestic product Ecuatoriana ICE special consumption tax CEREPS Special Account for Social and ICSID for Settlement of Investment Productive Investment, Disputes Scientific Development, and IMF International Monetary Fund Fiscal Stabilization kWh kilowatt-hour consumer price index LAC and the FAC Fund for Savings and MERCOSUR Mercado Común del Cono Sur Contingencies NAFTA North American Free Trade FD foreign direct investment Agreement FEIREP Fund for Stabilization, NFPS Non Financial Public Sector Investment, and Public Debt OCP Oleoducto de Crudos Pesados Reduction SOTE Sistema de Oleoducto FEISEH Energy and Hydrocarbon Transecuatoriano Investment Fund VAT Value added tax Oil Stabilization Fund (Fondo WTI West Texas intermediate de Estatización Petrolera) Vice President: Pamela Cox Country Director: Carlos Felipe Jaramillo Sector Director: Marcelo Giugale Sector Manager: Rodrigo A. Chaves Sector Leader: Carlos Silva-Jauregui Task Team Leader: Christian Y. Gonzalez
Fiscal Year January 1 to December 31 (as of March 31, 2010) Currency unit 1 U.S. dollar = = U.S. dollar (USD) US$1.00 Metric System Abbreviations American Petroleum Institute ATPA Andean Trade Preference Act ATPDEA Andean Trade Promotion and Drug Eradication Act Central Bank of Ecuador (Banco Central de Ecuador) CAN Andean Community CEPAL Comisión Económica para América Latina y el Caribe CEPE Corporación Estatal Petrolera Ecuatoriana CEREPS Special Account for Social and Productive Investment, Scientific Development, and Fiscal Stabilization consumer price index FAC Fund for Savings and Contingencies FD foreign direct investment FEIREP Fund for Stabilization, Investment, and Public Debt Reduction FEISEH Energy and Hydrocarbon Investment Fund Oil Stabilization Fund (Fondo de Estatización Petrolera) free on board FOPEDEUPO Fondo Permanente de Desarrollo Universitario y Politécnico Fiscal Responsibility Law, with versions I and II FTSRL Law on Fiscal Transparency, Stabilization, and Responsibility gross domestic product ICE special consumption tax ICSID for Settlement of Investment Disputes IMF International Monetary Fund kWh kilowatt-hour LAC and the MERCOSUR Mercado Común del Cono Sur NAFTA North American Free Trade Agreement NFPS Non Financial Public Sector OCP Oleoducto de Crudos Pesados SOTE Sistema de Oleoducto Transecuatoriano VAT Value added tax WTI West Texas intermediate Vice President: Pamela Cox Country Director: Carlos Felipe Jaramillo Sector Director: Marcelo Giugale Sector Manager: Rodrigo A. Chaves Sector Leader: Carlos Silva-Jauregui Task Team Leader: Christian Y. Gonzalez
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