The scandalous waste of State funds
The Chamber of Commerce, Industries and Agriculture is quite right to complain about the scandalous “waste of state funds”, in the midst of the serious economic problems suffered by the entire country, including the Government, which must resort to large loans to solve a national budget which is anything but realistic.
The fiscal deficit, which could decrease notably with a true government austerity plan, continues to cause concern since it is calculated on the basis of unrealistic revenues, which in the end are covered by increasing our already large public debt. Without a doubt, the government of Laurentino Cortizo must be the worst administrator of public funds that Panama has had in recent decades.
He has crossed his arms while the local government authorities rob us in the face and without any control because the Comptroller’s Office has decided to emasculate itself, to become a friendly corrector, instead of looking after the best interests of the country.
The money is used for patronage and electoral purposes, while the payroll of government entities continues to grow as if the money were left over. The lack of criteria in the public administration is endangering the future stability of the country and the Government – including the President – will be solely responsible for what happens.- LA PRENSA, Jan. 30.
