The Cabinet Council has authorized the execution of a containment plan that includes administrative and fiscal measures in the 2012 investment and operating budget for all public sector entities in the amount of $405.3 million.
From a press release from the Presidency of Panama:
Given the failure of the monthly payment system, income tax payments will be made in three installments a year and will be calculated using estimates.
According to an article in Prensa.com "With this move the government recognizes the failure of an unwieldy mechanism and that has not generated the expected revenues. Tax consultant Osvaldo Lau said that ‘the aim was to improve cash flow, but the exercise failed, because the absolute value of tax revenues did not meet expectations. '"
Mahesh Khemlani was appointed by the president, Ricardo Martinelli, as Deputy Minister of Finance under Decree 135 of August 31, 2011.
Deputy Khemlani, who replaces the deputy Dulcidio De La Guardia, was until his appointment, the Director of Public Credit, responsible for ensuring efficient programming, use and control of the means of financing obtained through public credit operations.
Technology Consulting & Services Company, with the mission to offer a professional service according to the budget and technological needs of customers. Our main areas are Custom Software Development, Mobile Software development, Education, Health and web development.
Operates in Dominican Republic
Phone: (809) 3647482 - (809) 2242903
Costa Rica Architects: we are an architectural consulting firm , that counts with a team of professionals with extensive experience in developing projects of various types residential, etc
Operates in Costa Rica
Phone: (506) 8366 5709 - (506) 8921 8371