Panama poised to rise after Corona subsides according to Moody’s

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…

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Amid bad news,,,,,Panama economy showed strong growth in 4th Quarter

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…

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Keep an eye on this “BULLSHIT”. Contract has $3.5 Million of FLUFF baked in

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…

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Official handoff to new Comptroller

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…

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2020 gives clean slate to Humbert replacement at Comptroller. Fingers Crossed

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…

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IDB refuses to partner in future with corrupt ODEBRECHT

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…

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Cortizo to finally appoint the new director of CSS (Social Security) Fund

https://www.prensa.com/sociedad/noche-sabra-nombre-director-CSS_0_5385961359.html The president of the Republic, Laurentino Cortizo , declared in El Espinal de Guararé, in Los Santos, that tonight he will announce the name of the new director of the Social Security Fund (CSS). info President Cortizo: in a month it will be known who will be the new director of the CSS Cortizo…

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#1 watchdog delivers another “F – You” to the Assembly. Panama will miss Humbert

https://impresa.prensa.com/panorama/Diputados-beneficiaron-donaciones-Asamblea_0_5379212103.html Deputies and former deputies of different political parties in the country are mentioned in the audits delivered by the Comptroller to the Public Ministry (MP) on the management of contracts and donations from the National Assembly. info ‘That of the forms are guayabitas’: Tito Rodríguez Assembly again prevents the entry of auditors from the…

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The National Assembly got who they wanted, now let’s see how he does

https://www.prensa.com/politica/Gerardo-Solis-electo-contralor-Republica_0_5372462726.html The lawyer Gerardo Solís , former electoral attorney and former magistrate of the Electoral Tribunal (TE) , was elected with 68 votes in favor and 2 abstentions by the plenary of the National Assembly , the afternoon of this August 13, as the Comptroller of the Republic, in replacement by Federico Humbert, whose term…

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