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Economy Politics Country 2025-10-30T02:11:59+00:00

Panama's Ministry of Economy and Finance to secure loan from IDB

Panama's Council of Ministers has authorized the Ministry of Economy and Finance to secure a loan of up to $350 million from the Inter-American Development Bank (BID). The funds will support the 2025 national budget and other fiscal years, with a loan term of 20 years.

The Council of Ministers authorized the Ministry of Economy and Finance to request a loan from the Inter-American Development Bank (BID) for up to 350 million dollars, with the aim of providing financial support for the 2025 General State Budget and other fiscal years. The loan will be set for a term of 20 years. President José Raúl Mulino appointed Guimarares...

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2025-10-30T07:32:33+00:00

Panama Scandal: Politicians Lose Visas Over Song

A singer's performance in the USA led to visa losses for several high-profile figures, while abuses by a local company were also exposed.
Politics Economy Events Country
Chinese Citizens Accused in Panama of Laundering Over $30 Million Linked to Venezuelan CADIVI Network
2025-10-30T07:29:50+00:00

Chinese Citizens Accused in Panama of Laundering Over $30 Million Linked to Venezuelan CADIVI Network

A complaint filed in Panama accuses individuals of laundering over $30 million linked to a massive corruption scheme in Venezuela. The alleged perpetrators, of Asian origin, are accused of moving illicit funds through the Panamanian financial system.
Economy Politics Country
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2025-10-30T04:36:00+00:00

Panama Votes to Lift Cuba Embargo

Panama voted in favor of lifting the embargo on Cuba. A total of 165 countries voted in favor, 7 against, and 12 abstained.
Politics Economy Country
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2025-10-30T04:35:17+00:00

MICI Concentrates Powers to Promote Foreign Investment

The law amending ProPanamá was approved in second debate. This measure aims to attract additional capital and develop the country's economy.
Economy Politics Country