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Source: Periódico Digital del Gobierno de la Revolución Ciudadana (Quito)
Ecuador's President, Rafael Correa Delgado, has finally issued a decree declaring Monday, January 2, 2012, as a one-off non-working public holiday in Ecuador.
The aforementioned Decreto Ejecutivo 973 officializes the recent announcement (16-Dec-2011) that Monday, January 2, 2012, would be a one-off non-working public holiday throughout Ecuador (para que los ciudadanos puedan prolongar su descanso por la festividad de Año Nuevo ya que este 2011 cae en fin de semana).
However, the Decreto Ejecutivo 973 also specifies that this one-off public holiday in Ecuador will be compensated by declaring Saturday, January 7, 2012, as a regular working day.
Officially the decree only applies to the public sector, but the private sector is encouraged to follow suit.
Related links:
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Ecuador 2012 bank holidays and public holidays (current year)
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Ecuador 2013 bank holidays and public holidays (next year)
• Ecuador bank holidays and public holidays (news and updates)
• Worldwide
bank holidays and public holidays news updates (December 2011)
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Ecuador January 2 Public Holiday Gazetted