Panama's President Urges Economic Reforms

President José Raúl Mulino addresses the nation, emphasizing the need for economic reforms and healthcare improvements to foster growth and reduce unemployment in Panama.


Panama's President Urges Economic Reforms

The President of the Republic, José Raúl Mulino, has sent a message to the nation highlighting the importance of strengthening the Social Security Fund (CSS), boosting the economy, and ensuring the well-being of Panamanians, even at the cost of assuming political costs. In his words, Mulino emphasized that debts with the CSS must be collected firmly and quickly, stressing the need to end impunity to create a favorable climate for investments.

Mulino also urged to expedite investigations and impose sanctions on those who have committed embezzlement in the Social Security Fund and in other instances of the State. In a gesture of courage and honesty, the president acknowledged that the implemented law would have repercussions on his image and that of the government, but prioritized the well-being of the country above any political considerations.

The Panamanian leader called for unity and mentioned that the country is starting the process of economic reactivation, seeking to establish a virtuous circle of production, employment, and consumption. In this sense, Mulino announced a reactivation plan for projects across the country, with the construction of infrastructures that will generate thousands of direct and indirect jobs.

Regarding the attraction of investments, the president expressed his commitment to support the private sector and ensure transparency and reliability so that new companies can trust Panama. Mulino also highlighted the importance of supporting the work at the Indio River canal, which is expected to boost the economy and ensure the competitiveness of the Panama Canal.

Additionally, Mulino mentioned the availability of affordable medications at pharmacies of the Ministry of Health, especially aimed at chronic patients. The president recalled the difficult decisions made by his administration with the aim of overcoming obstacles that affected both the insured and international confidence in the country.