What are Businessmen Expecting in 2020?

Taking measures to reactivate the productive sectors, make better use of public-private partnerships and boost tourism is part of what the private sector expects from the Panamanian government in the coming year.

Monday, December 23, 2019

Six months before the Cortizo administration takes office, Panama's business sector is asking it to make the decisions the economy needs to be able to continue on the path of development, and above all, not to lose competitiveness both domestically and in relation to its peers in the region, and to be able to continue to attract foreign investment.

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

December 21st, 2018. Christmas is a celebration that exalts the value of friendship among nations, as well as solidarity among people, calling us to recognize in it a bond of brotherhood with the neediest.

2019 leaves among us encouraging signs of what the country can expect in 2020. With the renewal of the public powers after the mid-year general elections, and in virtue of the willingness shown by the Executive to amend past mistakes in terms of appointments to high offices, it is possible to aspire during this Christmas season to see, finally, a harmonious, and not a submissive, collaboration among the institutions of the State, as the Constitution of the Republic mandates.

Let us ask this Christmas that the aforementioned style of government empowers the leadership that Panama needs to achieve strategic social and economic goals. With regard to the latter, we must promptly reactivate the different production sectors, both to contain their deterioration and to expand and strengthen our internal and regional competitiveness, which is necessary to attract capital and generate employment. This will be possible to the extent that responsible decisions are taken, especially with respect to the minimum wage.

This Christmas, let us Panamanians wish for State policies that achieve the modernizing transformation of our education, aware as we are that this is a task of national and long-term dimensions, to which we must all contribute with a sense of commitment and a vision of destiny. In view of this, the current administration has an immense challenge for the next four and a half years, the results of which we will all be aware of.

Let us also ask to move from expectations to concrete facts in order to convert tourism into the factor of progress that it can be, given the great wealth that the country can contribute to its development. We also have to start taking advantage of the benefits of Public-Private Partnerships as much as possible, especially to generate sources of employment in the interior of the country.

That as a society and as a State, we assume the responsibility to prevent the damages that determine climate change, which threatens the existence of life itself on the Planet. That we learn that, through saving water and energy, we protect our natural resources and contribute to the fight against global warming.

More on this topic

What do Businessmen Ask to the Government?

January 2020

Raising the quality of education, eliminating excessive paperwork and generating opportunities, not threats, for people to formalize their economic activities are the main demands of the Costa Rican business sector in the run-up to 2020.

Generating more employment and strengthening the business sector while the actions of the Executive, Legislative Assembly and the Judiciary are being implemented are some of the projects outlined for the first quarter of the year, according to the Costa Rican Union of Chambers and Associations of the Private Business Sector (UCCAEP).

PPPs to Boost the Economy

June 2019

For Panama's business sector, public-private partnerships are contracts that, if properly implemented, could promote the dynamism of the economy and at the same time diminish the fiscal pressure on the State budget.

The Chamber of Commerce, Industries and Agriculture of Panama has promoted since the beginning of the current government administration, a draft bill that creates the Public-Private Partnership Regime (PPP), given that this document would promote the development of the country, explained the business guild through a statement.

Costa Rica: Businessmen in Competitiveness Council

September 2014

Starting October the private sector and government will be working together to implement measures to improve the competitiveness and productivity of the economy.

From a statement issued by the Costa Rican Union of Chambers and Associations of Private Business Sector (UCCAEP):

To Get the Most Out of Tourism

February 2012

The country needs to improve the quality of tourist attention, with the collaboration of all the related participants.

In light of the distinction awarded by The New York Time as the number 1 destination in 2012, the country must improve the quality of its tourism services, with the involvement of public and private sectors.

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