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President of Ecuador's Central Bank Luis Jacome announces his resignation from his office at a...

IMAGE number
REU7600053
Image title
President of Ecuador's Central Bank Luis Jacome announces his resignation from his office at a news .., 1999-03-13 (photo)
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Photographer
Guillermo Granja
Medium
photograph
Date
1999 AD
Shooting Date
1999-03-13
Image description

President of Ecuador's Central Bank Luis Jacome announces his resignation from his office at a news conference in Quito March 12. Jacome said that his resignation is based on a disagreement with [President Jamil Mahuad's] handling of the nation's worst financial crisis in decades. He said that he applauds recent emergency fiscal measures but pointed out that Mahuad has missed the opportunity to implement an "immediate clean-up" of the banking system. Three other members of the board of directors resigned along with Luis Jacome.

Photo credit
REUTERS/Guillermo Granja / Bridgeman Images
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