Spending leading to a large spike in debt, Warnings issued

Economists consulted by La Estrella de Panama pointed out that the increase in Central Government expenditures versus total revenues could increase the country’s fiscal debt. Much of that debt, they added, could be purchased to meet the commitments and campaign works of the current government administration, which is about to end. The opinions came to light after,…

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China continues to explore investing in Panama

A mission of the China Chamber of Commerce for the Import and Export of Machinery and Electronic Products (CCCME) is located in Panama to explore investment and business opportunities in the country. The delegation of more than 30 businessmen from the sectors of energy, urban construction, machinery, environment, electronic products, technology, textiles and transport participates…

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Gorgas Memorial Instititute pleads for new campus

The Gorgas Memorial Institute for Health Studies (Icges)  is a center for research and prevention of diseases inaugurated in August 1928, which over the years has become the reference laboratory of Central America. At present, the institution has established challenges, ranging from the construction of a new Gorgas Campus, the development of a vaccine against…

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Comptroller saw problems with SIPE in 2013

The authorities of the  Social Security Fund (CSS) reported this week that it was not until April 2018 when they could “close valves” and establish controls, to prevent more employers from committing unlawful payments of the employer’s contribution through the System of Income and Economic Benefits (SIPE) . The director of the entity, Alfredo Martiz…

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Agreement to put digital government in place signed

The initiative carried out by the AIG within the “Panama en Línea” Program with the Inter-American Development Bank In order to promote transparency, access to information and simplification of procedures, an inter-institutional cooperation agreement was signed between the Mayor’s Office of Panama and the National Authority for Government Innovation (AIG). Irvin Halman, general administrator of…

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