car_2994359bTODAY PANAMA – The Presidency has ordered the withdrawal of the draft law which proposed levying $0.05 per liter of gasoline, that would have been used to finance the payment of pensions and retirements.

From a statement issued by the Government of Panama:

The president, Juan Carlos Varela Rodríguez instructed the Minister of Health, Francisco Javier Terrientes to withdraw the bill which would have increased pensions for retirees in order to continue discussing it in the Cabinet.

“I appreciate, have heard and respect the opinion of the people, to whom I am in debt for this is an essential part of democracy and strengthening of the management of government,” said Varela Rodríguez.

“I have received a lot of contributions to the debate in these days from retirees, one interesting opinion is to continue recovering pubically owned assets” he said.

Stay up to date with the latest stories by signing up to our newsletter, or following us on Facebook.