FEIREPFondo de Estabilización, Inversión Social, y Reducción del Endeudamiento Publico (Spanish: Oil Stabilisation and Debt Reduction Fund)
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References in periodicals archive ?
Correa went on to denounce the FEIREP for starving the country of funds for social programs and for enriching bondholders by boosting the market price of Ecuador's debt.
Correa wasted no time in proposing to the legislature the abolition of the FEIREP, which it did in June while setting up an alternate fund (CEREPS), largely to underwrite social spending.
At the end of that visit, Rato called for "reforms" of the social security sector and state oil company Petroecuador, and the optimization of money generated by the Fondo de Estabilizacion, Inversion Productiva y Reduccio del Endeudamiento Publico (Feirep) to alleviate the public debt.