AGP Executive Report
Last update: 7 hours agoPanama Outlook: UBS says confidence is returning and lifts its 2026 growth call to just over 5%, citing stronger consumption, construction recovery, tourism, and Panama Canal-linked activity, plus improved fiscal accounts and steady private deposits. Social Protection: IFARHU blocked 48,000 PASE-U cards after detecting unauthorized purchases, tightening controls under the new payment system. Canal Under Pressure: The Panama Canal is cutting daily transits as El Niño-driven drought lowers lake levels, with slots dropping from 36 to 32 by mid-September and draft limits reduced—raising new logistics and cost pressures for trade. Legislation for Retirees: A bill approved in first debate would let Cepanim beneficiaries use 100% of certificate face value in commerce and the public sector, pending the rest of the legislative process. Demographics: A new report warns Panama’s retirement-age population is set to overtake the working-age population within two years, putting labor and social-support systems under strain. Governance & Business: The Panama Canal board named Rubén Pérez Pinzón temporary deputy administrator as the administrator transition approaches.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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