GUAYAQUIL, Ecuador (Reuters) -- Ecuadorean Indians who forced
former President Jamil Mahuad out of office last month gathered signatures
on Sunday to demand a vote to dissolve Congress and free mutinous troops
who had backed a coup.
"We're not hoping to get one million signatures but five million," said
Antonio
Vargas, head of Ecuador's Confederation of National Indians. "This will
allow us to hold a popular consultation in which the people can decide
their
future."
The Chief Electoral Officer's bureau said at least 600,000 signatures need
to
be collected to hold a plebiscite.
The plebiscite would ask Ecuador's citizens whether they want to dissolve
the 123-member Congress and free the 100 soldiers who took part in the
popular uprising, Vargas said.
The speaker of Congress, Juan Jose Pons, said he had no other choice but
to acknowledge the idea of such a plebiscite constituted a legally valid
mechanism.
Unlike leaders of other Latin American countries, Ecuador's short-serving
presidents have been unable to pass tough reforms needed to modernize a
nation crippled by a squabbling Congress, protests and a debt that equals
the size of its economy.
Gustavo Noboa became Ecuador's fifth president in three years last month
after a military and Indian revolt. But Noboa, Mahuad's vice president,
plans
to press on with his predecessor's economic reforms, including adopting
the
dollar to pay most debts.
That last plan was the final straw for many of Ecuador's 12.4 million people,
65 percent of whom live in poverty and earn $4 a month.
In the plebiscite, voters would also be asked if they agree with dollarizing.
"Ecuador is in a state of war and this time we'll definitely take power,"
Vargas told reporters.
The roots of Ecuador's economic and social woes go back for years. The
recent unraveling began in September when the Andean nation became the
first country ever to default on its Brady bonds, shocking world markets
and
losing what little investor confidence it had. Brady bonds had been created
to help debt-ridden nations.
Ecuador had the highest inflation -- 60.7 percent last year -- in all of
Latin
America last year. And it currency, the sucre, shed two-thirds of its value
as
the economy contracted 7.5 percent. Eighteen of 33 banks have been taken
over by the government since 1998.
Copyright 2000 Reuters.