The Minister of Economy and Finance (MEF), Felipe Chapman, met with the directors and deputy directors of the entity to present in detail the Strategic Government Plan (PEG) 2025-2029, an initiative designed to transform economic growth into social well-being and create equitable opportunities for all citizens.
During the meeting, the Minister emphasized that the central axis of the Strategic Plan is the five-year fiscal plan, whose primary objective is to achieve balance in public finances. He assured that ongoing projects will continue and new investment projects will be initiated, always with the aim of promoting the sustainable economic development of the country.
For her part, the Deputy Minister of Economy, Eida Sáiz, and Rubilú Rodríguez, advisor to the MEF, highlighted several key elements of the PEG, including important infrastructure projects such as the Chiriquí-Frontera-Panama train, the Fourth Bridge over the Canal, and the Oncological Hospital, among others. Similarly, the General Secretary, Ivette Martínez, stated that the PEG aims to reactivate the economy and employment, prioritizing key sectors such as logistics, tourism, agriculture, industry, technology, and innovation.
Moreover, this approach will be fundamental to stimulate local investment, fostering a climate of trust and transparency. He emphasized that, in this process, fiscal balance must be achieved without sacrificing strategic investments.
At the event, where the Deputy Minister of Finance, Fausto Fernández, was also present, the directors and deputy directors reaffirmed their commitment to continue working efficiently and transparently for the benefit of the country.
"Our goal is to achieve a balanced fiscal balance, and ideally a surplus, before the end of this decade. This will allow us to slow down the growth of public debt and make its increase slower both in nominal and real terms. This approach will reverse the current trend of increasing debt-to-Gross Domestic Product (GDP) ratio," stated Chapman.
The rector of public finances highlighted that achieving this objective aims not only to preserve the credit rating of two important international rating agencies but also to recover the third, which will help reduce financial costs, expand financing options, and attract greater foreign direct investments.
