From a statement issued by the Ministry of Economy and Finance:  

June 11, 2017. The Minister of Economy and Finance (MEF), Dulcidio De La Guardia, announced today that, due to a distortion on the part of a political sector of the scope of Decree 130 on cadastral updates, its implementation is suspended, so that a Day Of Explanation can be started immediately with guilds from the sector and interested citizens.  

"There has been complete political fabrication designed to infuse fear among our citizens citing false negative consequences such as people losing their homes. These kind of lies must be repudiated and denounced because of the damage done to the country and industry," said De La Guardia.  

"I recognize that these lies have generated a genuine confusion in many citizens, and for this reason, I have ordered the suspension of the implementation of Decree 130 in order to begin a full day of explanation with guilds from the sector and citizens interested in the subject," added the head of Economy and Finance, during a press conference. 

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Request to Simplify Property Tax

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The private sector has requested that the debate on the bill to reform the tax code be suspended and changes made to the way property values are updated and the tax on them is calculated.

From a statement issued by the Chamber of Commerce, Industries and Agriculture of Panama:

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June 2010

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