On the 1st September, Panama's new President, Mireya Elisa Moscoso took office in a ceremony at the National Stadium before an audience of 25,000 including delegations from 42 states, and six Heads of State.
Mireya Moscoso, widow of former long-time president Arias Madrid, controls a political alliance with a majority in the General Assembly, making her projected reform programme a viable possibility in political terms. She has promised to better the condition of the one-third of Panamanians who live in poverty.
The previous government had become unpopular domestically, but had received high marks from the IMF and other international bodies for its largely successful programme to rein in Government spending, reduce debt and liberalise the economy. It remains to be seen whether the new regime will continue this progress or will revert to populism.
.
Network Tweets Archive
| Resources | Partners
| Site Map | Links
| Newsletter
Archive | Contact
| RSS Feeds
About | Syndication |
Advertising & Marketing |
Recruitment |
Terms & Conditions |
Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
All content provided by BSI Media
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment