The President of the Republic, José Raúl Mulino, distanced himself from bill 491 by stating that the initiative does not have the support of the Executive Branch or the main entities linked to its implementation, such as the Ministry of Economy and Finance (MEF) or the Panama Maritime Authority (AMP). President José Raúl Mulino said that Bill 491—which proposes increasing the tax on shipping containers to finance pensions—”appeared without prior consultation” and does not have the support of the Executive branch.
National Assembly Thursday Suspends Bill to Charge Container Fees to Finance Pension Increases
Grace Hernández pictured above, elected representative for Circuit 8-4 of the Another Way Panama Movement, MOCA.
The National Assembly plenary session approved the suspension of Bill 491, which proposed standardizing pensions for those earning less than $600 per month. This means the bill is expected to return to a second debate for further discussion. Information is in progress……
