While the government is preparing for a face-to-face meeting with the Gafi in May and September, the World Compliance Association, a chapter in Panama, says that the first problem that Panama has to tackle is ‘to see the real problems as a country when it comes to to comply with the laws. https://www.laestrella.com.pa/nacional/220318/listas-grises-negras-debe Until now,…
For the Ex-Pats that are financially dependent on their 401Ks and Retirement accounts, the foreseeable future will be a test of patience and resolve. The tensions on the border of the Ukraine in lockstep with the anticipation of a March Interest rate hike have the markets struggling to adjust. Every person has a different situation,…
Bullshit Purchase orders and invoices for Medical supplies that are never received. Special place in HELL for these people. https://www.prensa.com/judiciales/ministerio-publico-investigara-falsificacion-de-documentos-denunciada-por-el-viceministro-de-la-presidencia/ The Attorney General of the Nation, Eduardo Ulloa , announced the opening of an ex officio investigation after the statements of the new Deputy Minister of the Presidency, Carlos García , who denounced, on Wednesday night, April 29, the…
https://www.laestrella.com.pa/economia/200416/panama-sera-pais-rico-america-latina-2021-calificadora-moody-s Risk rating agency Moody’s evaluated Panama rated the country’s investment grade in baa1 with a stable expectation and strong growth in the medium term, although in lower percentages than in the last decade. Said rating is subject to very specific factors that the firm trusts will be implemented in the country such as: a…
OP ED: James “JB” Bryson I think many people that are retired or approaching it, would gladly take a week in bed with the flu as opposed to seeing what is occurring every day in their 401K or personal brokerage accounts. Wall Street continues to take a brutal beating as a result of all of…
https://www.prensa.com/economia/economia-cerro-el-2019-con-3-de-crecimiento/ The Panamanian economy grew 3% at the end of 2019, which meant an increase of $ 1,256.8 million, to end with a gross domestic product (GDP), in absolute terms, of $ 43,061 million. The indicator was reported the afternoon this Monday, March 2 by the National Institute of Statistics and Census (INEC) of the…
https://www.prensa.com/impresa/panorama/aaud-gastara-cerca-de-20-millones-en-contratos-directos/ Ten contracts drawn up in November 2019, by the Urban and Home Cleaning Authority (AAUD), for the rental of heavy equipment for the amount of $ 19.5 million, rest in the Comptroller General of the Republic pending endorsement. The contracts, whose endorsement was rejected in December last year by the then comptroller, Federico Humbert , were re-entered into…
https://www.laestrella.com.pa/nacional/191230/humbert-entrega-llaves-despacho-nuevo-contralor-gerardo-solis Federico Humbert made the official delivery of the keys of the superior office to the new comptroller, Gerardo Solís, marking the end of the transition process. Solís will begin his duties next Thursday, January 2, 2020. The symbolic delivery of the keys occurred in parallel to a tour of the different addresses of the…
https://www.prensa.com/impresa/panorama/la-contraloria-clave-para-la-lucha-contra-la-corrupcion/ Since the beginning of the Republic there has been a succession of offices responsible for maintaining fiscal control of public spending. What we know today as the Comptroller General of the Republic was originally a tax visitor and then the state tax agent. In the 1930s it became the current institution. + info President of the Assembly says…
https://impresa.prensa.com/panorama/Odebrecht-lista-BID-corrupcion_0_5388961136.html The construction company will not be able to participate in projects financed by the multilateral bank until 2024, after recognizing illegal payments in Brazil and Venezuela. Brazilian construction company Norberto Odebrecht (CNO) was disabled to participate in projects financed by the Inter-American Development Bank (IDB) until August 2024. info Odebrecht admits bribes; must pay…
