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169:, at the latter he was also a professor. Before becoming Minister of Economy and Finance, Borja held several positions in the public, private, and academic sectors. He served as Executive Director of the Flower Producers and Exporters Association (Expoflores); President of the Catholic Student Federation (Federación de Estudiantes Universitarios Católicos del Ecuador-Quito, FEUCE-Q); consultant on competitiveness and productivity for several institutions. He is author of
145:, which was producing 100,000 barrels per day. The expiration was due to repeated violations of the contract and the Hydrocarbons Law. Minister Diego Borja was appointed to a high-level Commission to oversee the transfer and operation of the oil fields that were previously operated by Occidental Petroleum and was instrumental in creating the administrative unit formed to operate these fields.
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When Borja denounced a change that had been made to the regulations of the
Hydrocarbons Law in an attempt to benefit the foreign oil companies, the chief of staff, Jose Modesto Apolo, asked for his resignation. Subsequently Borja denounced Apolo's role in the change to the regulations, and Apolo also
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Other key accomplishments of his tenure were the repurchase of $ 740 million of high interest rate bonds (Ecuador Global 2012, paying 12% annual interest), as well as a reduction in the overall public external debt stock (both in absolute terms, and also as a percentage of GDP, which fell below the
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Under his leadership, a reform of the
Hydrocarbons Law (Ley de Hidrocarburos) was enacted so the Ecuadorian state could recover 50% of the revenues produced by private oil companies. Before this action, some private oil companies were contributing as little as 18% of their revenues to the public
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target of 30% of GDP). Inflation and unemployment also fell during this period, and a projected fiscal deficit of 0.8% of GDP was reverted to a fiscal surplus of 1.4% of GDP. Economic growth was also significant, both in the oil and non-oil sectors.
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Borja organized the CEREPS oil fund, to establish priorities in public sector investment, directing these funds towards infrastructure investment, the oil and electric sectors, education, health and the environment.
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83:" (Citizen's Power Movement). He was elected a member of the Constitutional Assembly on September 30, 2007, as a candidate of the alliance between the social-democratic "Izquierda Democrática" (
71:. He was elected member of the National Constitutional Assembly on September 30, 2007. He resigned this position to be appointed Coordination Minister for Economic Policy on December 23, 2008
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Before forming "Movimiento Poder
Ciudadano", Borja was a national leader of "Movimiento Nuevo País" (New Country Movement), where he was an adviser to Presidential candidate
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Diego Borja is the
Coordination Minister for Economic Policy of Ecuador, appointed on December 23, 2008. He is also National President of the "
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During his tenure, the
Minister of Energy and Mines, Iván Rodríguez, decreed the expiration (caducidad) of the contract with the
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Borja earned a Master's degree from the
Catholic University of Louvain and an Economic degree from the
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from
December 28, 2005 to July 7, 2006. In that position he was named Governor of the
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sector while earning profits of as much as 250% per year on their investments.
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http://www.elcomercio.com/noticiaEC.asp?id_noticia=245608&id_seccion=3
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341:"Propuestas para los retos que afronta el IESS — expositores"
258:"Histórico de Autoridades 2001-2012 | Ministerio de Finanzas"
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Academic staff of the
Pontifical Catholic University of Ecuador
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Members of the
Ecuadorian Constituent Assembly (2007–2008)
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Optar por el presente: nueva economía para un nuevo país
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Optar por el
Presente. Nueva Economía para un Nuevo País
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Opting for the Present. New Economy for a New Country
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International Bank for Reconstruction and Development
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Development Bank of Latin America and the Caribbean
419:Pontifical Catholic University of Ecuador alumni
275:http://www.presidencia.gov.ec/modulos.asp?id=222
49: and the second or maternal family name is
67:, Ecuador. Between 2005 and 2006 he served as
316:"Noticias del Ecuador y del mundo Hoy Online"
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449:General managers of Central Bank of Ecuador
167:Pontificia Universidad Católica del Ecuador
227:Web site of the Movimiento Poder Ciudadano
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239:Blog of the Movimiento Poder Ciudadano
202:December 28, 2005 – July 7, 2006
434:Democratic Left (Ecuador) politicians
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27:Ecuadorian economist and politician
469:21st-century Ecuadorian economists
429:20th-century Ecuadorian economists
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63:economist and politician born in
260:. March 15, 2015. Archived from
459:Ministers of finance of Ecuador
454:Government ministers of Ecuador
120:Inter-American Development Bank
108:Minister of Economy and Finance
102:Minister of Economy and Finance
69:Minister of Economy and Finance
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370:Diego Borja Cornejo (2004).
161:Professional accomplishments
85:Party of the Democratic Left
41:, the first or paternal
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81:Movimiento Poder Ciudadano
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59:(born May 1, 1964) is an
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157:resigned his office.
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464:Catholic socialists
198:Minister of Finance
57:Diego Borja Cornejo
18:Diego Borja Cornejo
351:on 28 October 2004
291:2008-12-26 at the
280:2008-12-18 at the
232:2007-05-19 at the
191:Magdalena Barreiro
183:Political offices
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414:People from Quito
383:978-9978-43-955-5
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130:, and the
128:World Bank
61:Ecuadorian
89:Pichincha
289:Archived
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230:Archived
37:In this
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51:Cornejo
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