The economic proposal of the elected president, Guillermo Lasso , can be summed up in one word: liberal. This philosophy appears in the declaration of principles of its Government Plan . “We believe in a free, entrepreneurial economy with opportunities for all,” he says. Ecuador’s president-elect, Guillermo Lasso, announced that he will lower VAT for four holidays a year to promote tourism. The phrase is, at the same time, the manifestation of the thought generated by the Fundación Ecuador Libre , founded by Lasso 15 years ago and which defines itself as a ‘ think tank ‘ (laboratory of ideas) dedicated to research and public policy proposals.