Saturday 20 April 2024

Panama Does About Turn Over Gasoline Tax

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19 April 2024 - At The Banks - Source: BCCR

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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.

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Q24N is an aggregator of news for Latin America. Reports from Mexico to the tip of Chile and Caribbean are sourced for our readers to find all their Latin America news in one place.

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