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Friday, October 07, 2022

Panama: President Cortizo presents third management report

PANAMA ( Associated Press) – President Laurentino Cortizo will present his third annual report to the nation on Friday as he enters his fourth and final year in office. Like other countries, Cortizo faces pressure from sectors that demand a brake on growth in gasoline and food, but also uncertainty about his bone marrow disease.

The president will report to the National Assembly after Congress elects its president and vice presidents for the new legislative year beginning Friday.

Cortizo announced two weeks ago that he had been diagnosed with “intermediate risk” myelodysplastic syndrome and that, following medical recommendations, he would travel to Texas for a special evaluation, after reporting to the nation.

Teachers from the Independent Teachers Association rushed to the National Assembly site to protest the high cost of living and demand answers to serious and long-standing problems such as the degradation of educational facilities and improving the quality of teaching.

Other social and activist groups also estimated that they would appear in Congress to demand measures to counter the increase in gasoline, which exceeded $6 a gallon, the highest price ever recorded in the country, due to the fact Despite that starting to rule on Friday, the reduction was between 27 and 31 cents per gallon. Petrol prices in Panama are revised every two weeks.

Gasoline growth has increased the cost of the basic food basket, for which many sectors are seeking to stabilize fuel prices. Officials say this option is not viable.

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