Need for Investment to Increase Employment in Panama

The president of the Panama Industrialists Union, Raúl Montenegro, warns that a 5% economic growth is needed to generate more jobs and reopen the mine.


Need for Investment to Increase Employment in Panama

The president of the Industrial Union of Panama, Raúl Montenegro, has stated the importance of reviewing the status of the mine with the aim of finding a solution that allows the project to reopen and thus generate the necessary jobs. According to Montenegro, the country’s economic growth, currently at 3.6%, is insufficient to reach the required employment figures.

Montenegro emphasized that the only way to stimulate job creation is through a 5% economic growth and the generation of increased investments in the region. In this sense, he stressed the need to seek formulas that promote economic activity and encourage the creation of new jobs. Achieving a 5% growth would mean a significant increase in job opportunities for the citizens of Panama.

"Through more robust economic growth and increased investment, we will be able to generate the necessary jobs to drive the country's development," highlighted the president of the Industrial Union of Panama. His call to reopen the mining project and seek alternatives that boost the economy is framed in the search for solutions that contribute to improving the labor and economic conditions of Panama.