$35,111 Million is the Panama State Budget for the Fiscal Year 2027
Pictured below is Felipe Chapman, Minister of Economy and Finance. The Cabinet Council approved this Wednesday, July 29, the general state budget for the fiscal year 2027, which amounts to $35,111,075 million. This represents an increase of $210.9 million, compared to the current budget.
Panama’s Cabinet Council approved the general state budget for the 2027 fiscal year at $35,111 million, aiming to meet the Ministry of Economy and Finance fiscal social responsibility deficit target of 2.97% of the Gross Domestic Product.
Budget Overview
- Total amount: $35,111 million (approximate figure reflecting a slight increase from the previous year).
- Fiscal deficit target: 2.97% of the Gross Domestic Product (GDP).
- Compliance: Designed to align with the country’s Fiscal Social Responsibility Law limits.
The Cabinet Council approved this Wednesday, July 29, the general state budget for the fiscal year 2027, which amounts to $35,111,075 million. “This, with the goal of complying with the fiscal social responsibility law of a deficit of less than $3,” whose objective is defined in this budget at 2.97% of the Gross Domestic Product,” Chapman said.
