The Development Bank of Latin America-CAF and Panama will continue to work together in the planning of policies and programs that favor sustainable development and effective democracy, the Panamanian government said.
This was stated by the president of Panama, Laurentino Cortizo, at the corporate executive meeting of the Development Bank of Latin America-CAF held in the Panamanian capital, highlighting the support received by his country during his 25 years as a member of the regional banking entity.
The president previously exposed to the bank’s executives the “many challenges” that the region faces with poverty and inequality, for which, he pointed out, it is required, to overcome them, “integration, multilateral cooperation, greater cohesion among our nations and the support of institutions such as CAF.”
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However, the Panamanian president indicated that the region’s post-pandemic economic recovery efforts have been harmed by external situations that led to an increase in fuel and food, with an “unfavorable impact” on economies.
Thus, the governor said that “this corporate meeting will be useful to lay the foundations for broader cooperation and to establish a roadmap that facilitates the necessary support for the countries of the region.”
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In that sense, the president of Panama reaffirmed his commitment to work “shoulder to shoulder” with CAF in “strategic planning and actions that lead to sustainable development, equal opportunities and effective democracy,” the official information points out.
Similarly, Cortizo highlighted Panama’s commitment to the Sustainable Development Goals (SDGs) and the 2030 Agenda, “as foundations for the development strategy of a better, more supportive Panama, with adherence to law and order and, above all, in achieving a more just country.”