On November 25, 2025, the Panama City Municipal Council approved the 2026 fiscal budget for the Mayor's Office, amounting to $242.3 million. The proposal maintains the fiscal discipline of the current administration, with expenses below revenues to avoid deficits. The new budget, which represents a 4% increase from the previous year, is still 24.26% lower than the $325.6 million approved in 2024 by the previous administration. For 2026, $169.9 million was allocated to the municipal headquarters and $72.4 million to decentralization. Among the new projects are the installation of inclusive playgrounds, street and sidewalk repairs, the implementation of smart bus stops, the second phase of the municipal swimming pool renovation, and the expansion of the Municipal Surveillance Service's video surveillance system. The continuity of 39 ongoing projects in various districts is also ensured. New Municipal Board: Councilman Rodolfo Precilla was elected today as the new president of the Panama Municipal Council for the period from January 1 to June 30, 2026, with 23 votes in favor, 3 against, and no abstentions.
