Panama risks social unrest as Cortizo  crumbles - The Economist

Nito Cortizo gets failing grade

 
2,733Views 13Comments Posted 17/07/2020

A report from the Intelligence Unit (IU) of the prestigious  Economist  magazine warns that the government of Laurentino Nito Cortizo , needs to  quickly restore the public confidence or risk social unrest.

n the report entitled "The risk of social unrest increases as the pandemic persists," the publication looks at how the current administration has handled the pandemic from a political, economic, and social point of view.

Released on, Thursday, July 16,  the document says that after making a great effort at the start of the pandemic, Cortizo runs the risk of becoming a worn-out political force as infection rates spiral, no response inspiring economic growth, corruption allegations amid the crisis, and deep divisions in the ruling PRD party.

It e mentions that Panama was one of the first Latin American countries to close schools and introduce guidelines for staying at home with one of the strictest rules in the region, however, four months later, public confidence in the current administration “has crumbled "

The IU   report recalls that by not accompanying the severe measures with immediate and effective economic relief for poor households, confinement "strict was impractical and ultimately led to the spread of infection."

"The economy has been severely hit," it warns and cites the INEC monthly economic activity index, which reported that economic activity fell by 35% in  April, compared to the same month of 2019.

It also points out that more than 270.000 labor contracts are suspended.

The  Intelligence Unit forecasts that even as activity picks up in the second half of this year, real GDP will contract by 6%, with risks tilted to the downside if setbacks in government  reopening plan continue

Corruption
The Economist mentions that although the other Latin American countries have failed to prevent the spread of the virus, with the exception of Uruguay, and Cuba, in Panama the disappointment with the handling of the crisis by the government is aggravated by the accusations of alleged corruption by some of its members.

"Vice President José Gabriel Carrizo, and the Minister of Public Works, Rafael Sabonge, have been the subject of campaigns on social networks demanding their resignations, after hospitals and health equipment were purchased at inflated prices," the publication states.

However, both remain in their positions, adds the report, to later say that the same did not happen with Rosario Turner, who was serving as Minister of Health.

The perception is that she was unfairly dismissed" due to the PRD's internal policy, or possibly as a result of her recent refusal to sign a letter allowing the return of the children of former President Ricardo Martinelli (2009-2014), in a humanitarian flight.

It says that the profound differences between two factions of the PRD are clear and could be affecting appointments and decision-making in Cortizo's cabinet.

This has led to speculation that the former president, Ernesto Pérez Balladares  could run for the presidency of the PRD in the internal elections next year. "He would be a unifying figure, and he has a reputation for being competent, though not for respecting democratic institutions." 

It  mentions the legal battle he has with La Prensa "an independent local newspaper"  from whom he kidnapped accounts as a result of an ongoing lawsuit.



Related Articles
Comments 13

user
casual observer

Paid by the regime???? Then......where's my friggin' money????? Could use some right about now.

Last month
user
ramonarhoades@yahoo.com

Caution, Tomcat. Coronavirus updates: 25 million infected in Iran, president says Quesaritos to McRibs: A history of canceled fast food items Charleston-Huntington WSAZ-TV logoOhio Governor gives COVID-19 update Mike DeWine holding a box: Ohio Gov. Mike DeWine.© Provided by Charleston-Huntington WSAZ-TV Ohio Gov. Mike DeWine. COLUMBUS, Oh. (WSAZ) - Ohio Governor Mike DeWine will update the state about the COVID-19 pandemic and the recent increase in cases and virus spread. The announcement of Wednesday’s address came Tuesday evening after the governor suddenly canceled his afternoon news conference without explanation. Many are wondering what new mandates and restrictions may be announced. “That’s a discussion for another time,” said DeWine. Governor DeWine says it’s a critical time in the battle against COVID-19. He says Ohioans bought the state time. “You did what needed to be done early in this fight,” said DeWine. Last week, Governor DeWine says last week the state saw 1,500 cases in a single day. He says the number of new cases is not just a result of increased testing. “Our hospitals are seeing more and more COVID patients,” said DeWine. As of Tuesday, there are 67,995 confirmed coronavirus cases in the state, according to the Ohio Department of Health. Governor of Ohio: “This is not a dress rehearsal,” said DeWine. He says Ohioans have come too far in the fight. “Let’s start with masks,” said DeWine. “I’m asking each one of you, wherever you live, I”m asking you to wear a mask every time you go out in public.” DeWine says if everyone put on a mask for four or six weeks, Ohio could drive the pandemic into the ground. He says masks are not enough. “All of us have started to let our guard down. We’re tired, we want things to go back to the way they were. We’re playing Russian Roulette,” said DeWine. “Will that neighborhood cookout be worth it if someone tests positive?” said DeWine. DeWine says he’s afraid the window of opportunity to reverse course on current situation is running out. “Our way of life in Ohio is in danger,” said DeWine. “This virus will end. Don’t we all want to be around when it does?” said DeWine.

Last month
user
ramonarhoades@yahoo.com

Caution, Tomcat. Coronavirus updates: 25 million infected in Iran, president says Quesaritos to McRibs: A history of canceled fast food items Charleston-Huntington WSAZ-TV logoOhio Governor gives COVID-19 update Mike DeWine holding a box: Ohio Gov. Mike DeWine.© Provided by Charleston-Huntington WSAZ-TV Ohio Gov. Mike DeWine. COLUMBUS, Oh. (WSAZ) - Ohio Governor Mike DeWine will update the state about the COVID-19 pandemic and the recent increase in cases and virus spread. The announcement of Wednesday’s address came Tuesday evening after the governor suddenly canceled his afternoon news conference without explanation. Many are wondering what new mandates and restrictions may be announced. “That’s a discussion for another time,” said DeWine. Governor DeWine says it’s a critical time in the battle against COVID-19. He says Ohioans bought the state time. “You did what needed to be done early in this fight,” said DeWine. Last week, Governor DeWine says last week the state saw 1,500 cases in a single day. He says the number of new cases is not just a result of increased testing. “Our hospitals are seeing more and more COVID patients,” said DeWine. As of Tuesday, there are 67,995 confirmed coronavirus cases in the state, according to the Ohio Department of Health. Governor of Ohio: “This is not a dress rehearsal,” said DeWine. He says Ohioans have come too far in the fight. “Let’s start with masks,” said DeWine. “I’m asking each one of you, wherever you live, I”m asking you to wear a mask every time you go out in public.” DeWine says if everyone put on a mask for four or six weeks, Ohio could drive the pandemic into the ground. He says masks are not enough. “All of us have started to let our guard down. We’re tired, we want things to go back to the way they were. We’re playing Russian Roulette,” said DeWine. “Will that neighborhood cookout be worth it if someone tests positive?” said DeWine. DeWine says he’s afraid the window of opportunity to reverse course on current situation is running out. “Our way of life in Ohio is in danger,” said DeWine. “This virus will end. Don’t we all want to be around when it does?” said DeWine.

Last month
user
Dr. Martin

Exactly what i described in previous messages critized by Captain Observer Cortizo casual Observer all paid by the Regime. Improper advices made the numbers and death so they all are caused by Cortizo. And the full economy crash as a result too. And the corruption is the i.point. They all must go. Thanks "Economist"for being clear her and not "calm" "very calm".

Last month
user
Stick

If the predictions of the Intelligence Unit are anywhere close to reality, and anarchy and revolt sets in side by side with a pandemic, then "NASA, we have a problem". With no Army, and a police force that is suffering along with the people, who would they have to put down such an insurrection? Its probably time for Cortizo to get on a plane and go see Trump, because the Chinese are just going sit back and wait for the dust to clear, so they can continue their economic takeover. With such a prediction, and it is very probable, all expats should be actively pursuing their retreat to their mother country.

Last month
user
OBSERVER

While jb continues to blow his own TRUMPet Tomcat forwards press releases from Ohio. Isn't it blackfly season there?. Will things look so good when the sun sets in November on the WH charlatan?

Last month
user
jonoyakker

Ah yes, Tomcat, I see things are working so well in the US.

Last month
user
jonoyakker

Ah yes, Tomcat, I see things are working so well in the US.

Last month
user
Tomcat

I have been away at cedar point in Sandusky Ohio with the family and grand kids. They wore me out LOL. Living in Panama you forget just how much there is to do here in the USA. They even got me on a couple of the roller coasters. I see Panama is still in turmoil and lockdown nothing new there. For those who don't know Cedar Point you have to come visit. We even rented a boat for a sunset cruise and cocktails one evening. Living in Panama you just keep lowering your standards until you learn to accept it, but when you come back to the first world again everything seems like a perfect dream. https://www.cedarpoint.com/. Great experiences and memories with the grand kids that never would have happened locked down in Panama.

Last month
user
casual observer

Yep jb...you are truly the voice of truth. DUH! EVERYBODY knows Latin American politics is corrupt and inept. NOT NEW NEWS!! And no....the news media could care less about who the hell you are!

Last month
user
ooo

He will never make a positive comment because he needs attention. He probably doesnt even live in Panama

Last month
user
ooo

Get a life Jbbrown, you're such a loser. Get some positivity in your life.

Last month
user
Jbbrown

Clearly the news media have been reading my posts as they are now parotting me. Just tune in daily for my posts folks I have been calling it right for months now!

Last month
The comments are the responsibility of each author who freely expresses his opinion and not that of Newsroom Panama.
Please enter a valid email.
Please enter username.
Please, enter a valid message.
Please validate that it is not a robot.
Free Daily Email
Register here for free daily headlines
Search