Panama Allocates $10.3M to Clear Transport Debts

The director of the Panama Land Transit and Transport Authority, Simón Díaz, announced the approval of a $10.3 million transfer to settle outstanding 2023 accounts that were not processed due to budgetary insufficiencies. Díaz explained that these funds are for settling student, corridor, and trunk route fare services from October, November, and December of last year. He noted that while MiBus was allocated a $76 million budget for 2023, the actual costs reached $86 million, resulting in a $10 million deficit. Mayor Sánchez urged citizens to be careful on the roads this month, warning that traffic congestion is expected to worsen. He recommended using the Metrobús and Panama Metro for travel, especially during peak hours. Carlos Sánchez Fábrega, the manager of MiBus, also advised the public to use public transport to navigate the city more effectively.