The President of the Republic informed this Thursday about the Government's strategies to generate employment and reduce unemployment without increasing the state payroll. The head of state explained that the combination of public works, infrastructure projects, and private investment will allow for the creation of more than 30,000 jobs during the first half of the year, with a special emphasis on areas with high economic development potential. Among the highlighted projects, he mentioned the construction of roads and investment in Puerto Armuelles, where a pier and a naval repair center will be developed, taking advantage of the natural conditions of the area to promote port and logistics activity. The president emphasized that the strategy seeks to stabilize employment in the country, generating sustainable opportunities that benefit both local workers and the regional economy. He also indicated that the creation of 5,000 new jobs is expected in 'first employment' programs, aimed at young people entering the labor market, with the support of public institutions and the private sector. The Government highlighted that the investment projects are designed to make the most of existing resources, optimize infrastructure, and promote inclusive economic development throughout the national territory. With these measures, the Executive reaffirms its commitment to fostering employment, strengthening the economy, and ensuring that citizens can access stable and sustainable job opportunities.
Panama's Job Creation Strategies
Panama's president presented government strategies to create over 30,000 jobs in the first half of the year through infrastructure projects and private investment, without increasing the state payroll. Special emphasis is placed on regional development and youth programs.