The government of Panama is calling on suppliers whose payments are approved to approach the relevant institutions to manage the collection of more than B/.1,788,243,394 that have not yet been collected.
The mentioned figure represents the total amount of payments to suppliers that have been approved and are pending collection by the beneficiaries. In light of this situation, the authorities are urging suppliers to approach the relevant institutions and manage the collection of the owed amounts.
"It is important for suppliers with pending approved payments to reach out to the institutions to collect their payments and thus contribute to the reactivation of the country's economy," stated a government representative.
This measure aims to expedite the payment process to suppliers and ensure that the owed amounts are settled as quickly as possible, thereby stimulating the national economy and strengthening trade relations between the public and private sectors.
