On February 23, 2026, the Commission on Economic Development of the National Assembly of Ecuador is poised to approve a report for the second debate on an urgent economic project. This initiative aims to enhance the performance of the mining and energy sectors, which are crucial for generating fiscal revenue and foreign exchange, thereby contributing to fiscal sustainability. The modernization and reinforcement of the legal framework regulating these activities is at the heart of the proposal.

The legislative committee is expected to hold a telematic session on Monday, February 26, to finalize the text, with a hope of garnering majority support from the official side. Following approval, the report will be presented for discussion at the plenary session of the Assembly. The urgency of this matter is underscored by the 30-day deadline that the legislature has to approve the project, which expires on February 27.

The preparation of this report involved a single session held on February 22, during which five participants were received to provide inputs. This streamlined approach reflects the urgency and significance of the proposed economic reforms, which are intended to elevate Ecuador's strategic sectors and boost overall economic performance by optimizing regulatory mechanisms in mining and electricity.