Panama lawmaker declared persona non grata


News from Panama

The Organization of Political Persecuted Venezuelans in Exile (Veppex) declared Panamanian deputy Zulay Rodríguez “persona non grata” for her “constant actions against the Venezuelan community” based in Panama. The president of Veppex, José Antonio Colina, pointed out that the statements and actions of Rodríguez, vice president of the National Assembly  generate ‘xenophobia and ‘instigate hatred […]

February 8, 2021

Panama- Reopening of restaurants. beaches, social areas


News from Panama

The reopening of restaurants and beaches on Monday, February 8 is now confirmed with the publication of in the Official Gazette new provisions ordered by the Ministry of Health including the cancellation of purchases by gender. However, it is clarified that establishments must maintain a capacity of 50% of, including employees, to avoid crowds in […]

February 8, 2021

Fitch Downgrades Panama’s IDR to ‘BBB-‘; Outlook Negative


News from Panama

Fitch Ratings – New York – 03 Feb 2021: Fitch Ratings has downgraded Panama’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BBB’. The Rating Outlook is Negative. KEY RATING DRIVERS Panama’s downgrade to ‘BBB-‘ reflects the severe weakening of public finances due to the economic disruption caused by the coronavirus pandemic, which […]

February 8, 2021