Panama’s government reformulated the 2022 general state budget and raised it by 0.66%, to leave it at US$25.2947 billion, after the bill was returned by Parliament to increase the amount of operating and investment spending.

The original draft of the budget was presented for an amount of US$25.1266 billion. Still, the Budget Commission of the National Assembly suggested that it be reformulated “in US$560 million, distributed US$141 million for operation and investment US$418.2 million”, an official communiqué said on October 6.

Get Vaccinated and stay safe!!