Panama - a rich country that fails to eliminate poverty

692Views 4Comments Posted 07/01/2022


The latest accountability reports from the Vice President of the Republic (who is also Minister of the Presidency) and the Comptroller General have left a bad taste. In the first place, why does the Presidency make purchases that correspond to other specialized institutions of the State? It is clear that he meddles in matters that are not within his competence, but we all suspect why he does so. In the case of the comptroller, his role of control has been sold to please the government thugs. He has emasculated the institution, turning it into a pathetic and shameful caricature. He criticized what he saw as his predecessor's self-centeredness and lack of planning, but his own report was an undeserved tribute to himself Expanding the horizon beyond these "reports", the government's leadership is erratic. The investments do not respond to a plan or objective, rather they seem to be the particular and isolated needs of the friends of power, while the collection of millions of dollars in taxes is waived or projects are built that do not solve the problems of the great majority, which explains why being a rich country we do not get out of poverty. We are suffering from institutional anarchy.  - LA PRENSA, Jan. 6.


Comments 4

General Butler

Sinclair nailed it. But George is also right. The entire western-influenced world is breaking down. But very very few understand why. Explaining it is a fools errand so long as the people remain asleep.

6 days ago
News Room Panama

Best country, Russia! Please send our paychecks! Love, Brian’s Friends.

12 days ago
George Klk

Panama: Not Ignorant just... Visibly Raped!!! Panama's government rapes with deception and... impunity. Deception... Here's a supply of books for... education. Here's free ham... elect your friendly politicians. Here's the bill for Panama National Assembly 71 deputies... $100,000 new vehicles each! Here's the hospital construction bill... not completed but a good former president commission! So on and so on and it goes on and on forever with politician's self-enrichment! Lawsuits are so rampant with the former president Martinelli he gets rich off the poor!!! Martinelli is the biggest rapist in Panama's history!!! Panama National Assembly are the enablers with the... Electoral tribune and unconstitutional advisors!!! Cohorts, henchmen, front men and underground financial operators. All linked to the Pegasus sleuth... former Panama President Martinelli. Still waiting for his $28 million once his two sons are released from the United States custody from New York!!! Martinelli... you will get your sons back in at least 10 years all fattened up with Milk, ham, lots of bread and peanut butter and cheese sandwiches!!! And... HAPPY 90 YEAR BIRTHDAY!!!

12 days ago

Panama is not a rich country. It has increasing debt and a very ignorant population. It exports it's wealth in the form of gold. It has a revenue stream from the canal which was a gift from the USA. Panama has no production and can't support production for export because their population is ignorant and lazy. Drug traffiking, money laundering, and pilfering canal revenue is the norm here. The term banana republic is used to describe Panama for a reason. Expect nothing here to change for the better. Expect a gradual slide to more leftist control and subjugation of the ignorant population.

12 days ago
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