**National Assembly of Panama approved budget for 2026**
The General State Budget of Panama for 2026 was approved in the third and final reading during the session of the National Assembly. The adoption of the document concluded a lengthy process that took more than 30 octobers. Project No. 293, amounting to 34,901 million dollars, was signed by the President of the Republic of Panama with the following results: 58 votes in favor, 10 against, and one abstention.
The budget's approval took place in an accelerated manner, which allowed the process to be completed in record time. The document contains detailed income and expenditure items, as well as regulation in the field of public finances and infrastructure projects. The main emphasis was placed on ensuring the health of the population, education, science, technology, and other key sectors of the economy.
After the official approval of the budget, the authorities immediately turned to the implementation of economic stabilization measures and social programs. The Ministry of Finance stressed the importance of investments in human capital and future generations, noting that "the benefits of medium-term development must be directed towards supporting vulnerable groups".
In conclusion, in the document mechanisms were included to control the growth of spending, which should ensure the transparency and effectiveness of the use of budgetary resources. It is expected that new financial frameworks will help to develop regional projects and improve the quality of life of the population.
