The president of the Republic of Panama, José Raúl Mulino, reported on his government's efforts to boost economic reactivation through activating the private sector and public investment with the aim of creating jobs in strategic areas. A planned investment of 350 million dollars was mentioned, which could translate into the creation of about 10,000 jobs.
In this regard, Mulino emphasized that concrete measures are being taken to foster economic activity. The construction and rehabilitation of schools, roads, and pathways among the sectors with dedicated investments have been prioritized, anticipating that these projects will significantly contribute to job creation and the mobilization of funds allocated in the national budget.
The president called for the patience of the citizenry, emphasizing that economic recovery will be a gradual process and not instantaneous. He underlined that jobs will be generated progressively as the planned works are executed. Mulino also announced that next week the list of the second phase of public investment projects will be completed, and he will provide a detailed report on the progress next Thursday.
Additionally, he committed to continue this planning annually to ensure a continuous impact on the national economy. Mulino reiterated his dedication to revitalizing the country, focusing on identifying and mobilizing the necessary resources to promote growth and improve the working conditions of the Panamanian population.