Ecuador Names Businessman Juan Carlos Vega as New Finance Minister for Economic Reforms
• Juan Carlos Vega expected to be named new finance minister of Ecuador, though not yet sworn in • Vega is a businessman with economics degree from Cornell University • President Daniel Noboa has pledged reforms to reduce violence and create jobs • Noboa seeks to pass economic law to encourage hiring and lower VAT on construction • Noboa toured U.S. and Europe to attract investors and lenders, but warned he will balance debt payments with needs of Ecuadoreans