Former Ecuadorian President Gustavo Noboa Dies of Heart Attack at Age 83

▲Gustavo Noboa, former President of Ecuador

[Asia Economy Reporter Kwon Jae-hee] Gustavo Noboa, former President of Ecuador who was in office from 2000 to 2003, passed away on the 16th (local time) at the age of 83.

According to local media such as the daily El Comercio on the day, former President Noboa died of a heart attack while recovering from brain tumor surgery at a hospital in Miami, USA, earlier this month.

President Len?n Moreno tweeted on the day, "Ecuador is mourning," and announced, "A national mourning period will be declared from the 17th to honor former President Noboa."

Former President Noboa succeeded to the presidency as vice president after former President Jamil Mahuad resigned due to a coup in January 2001.

After taking office in March 2000, he implemented dollarization, which had been promoted by the previous president, to resolve the financial crisis and curb inflation. Since then, Ecuador has abolished its former currency, the sucre, and has used the US dollar as its official currency.

In 2002, during his tenure, he visited South Korea and held talks with then-President Kim Dae-jung.

This content was produced with the assistance of AI translation services.