{"id":26102,"date":"2019-05-28T09:51:01","date_gmt":"2019-05-28T14:51:01","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=26102"},"modified":"2019-05-28T09:51:01","modified_gmt":"2019-05-28T14:51:01","slug":"ministerial-appointments-set-panamas-future-direction","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/ministerial-appointments-set-panamas-future-direction\/","title":{"rendered":"Ministerial Appointments Set Panama’s Future Direction"},"content":{"rendered":"

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The first ministerial appointments have marked the new government”s priority in rebuilding Panama”s economic model and cleaning up the country”s international image after a streak of corruption scandals, Panamanean observers think.<\/div>\n

 <\/p>\n

Besides, they indicate an unequivocal road to keep neoliberalism, despite campaign promises of solving the most overwhelming problems of broad sectors of society, such as poverty, social inequality and lack of opportunities, the same sources stated.<\/p>\n

The announcement of seven ministries made public Wednesday by President-elect Laurentino Cortizo presented septuagenarian Hector Alexander as Head of the Ministry of Economy and Finance (MEF), something that analysts consider a message to international organizations and foreign investors.<\/p>\n

Alexander is considered by many to be a well-trained technocrat and one of the so-called ‘Chicago Boys,’ a group of Latino economists trained at the Chicago University in the 1970s and 1980s, seen as the implementers of US economic policies in Latin America.<\/p><\/div>\n

Economist Adolfo Quintero said that ‘you have to give confidence to the investor,’ while the President of the Association of Business Executives, Mercedes Eleta, said she expected more interaction between the government and the private sector.<\/p>\n

Cortizo, according to former president Nicolas Ardito Barletta, is well intentioned and wants a broad government of national unity.<\/p>\n

A common element among the appointees is that none has judicial record for accusations, are not linked to the powerful financial groups which took over the running of country in the 1989 post-US invasion era, and are all close to or members of the Democratic Revolutionary Party, to which Cortizo belongs.<\/p><\/div>\n

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    The first ministerial appointments have marked the new government”s priority in rebuilding Panama”s economic model and cleaning up<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[242,12,241,39,248,34,33,62,42,219,11,249,243,7,255,246,244,44],"class_list":["post-26102","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-boca-chica-real-estate","tag-boquete","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-panama-real-estate-bocas-del-toro","tag-relocate-to-panama","tag-rum-in-panama","tag-travel-to-panama"],"yoast_head":"\nMinisterial Appointments 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