Martinelli: "No More Ruthless Capitalism"
"In my government, the interests of the people come first. For that the country needs abundant energy at a fair price".
Tuesday, August 25, 2009
The Panamanian Government announced measures to lower energy bills, and, in the words of president Ricardo Martinelli, they "must be effective, and reflected in lower fees to users".
A 10% reduction for business and residential fees will come into effect in the next weeks.
Through amendments to the law, the Panamanian government is aiming to improve conditions in the electricity market.
Colombian electricity companies are proposing private investments to finalize the project that would allow them to sell power to Central America.
The private sector will be asking the government to implement a differentiated rate for electricity companies in order to avoid losing competitiveness against the rest of the region.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar