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should help promote the country's economic growth. In May 2009, Ricardo Martinelli was elected president, and promised to promote free trade, establish a metro system at an approximate cost of $1.0 billion, [10] reform the health care system, and complete the expansion plan for the Panama Canal.
(Reuters) -Panama President-elect Jose Raul Mulino on Thursday pulled business leaders and an economist into his ranks, the first cabinet selections in what Mulino has promised will be an ...
The politics of Panama take place in a framework of a presidential representative democratic republic with multi-party system, whereby the President of Panama is both head of state and head of government. Executive power is exercised by the president. Legislative power is vested in the National Assembly.
President Endara took office as the head of a four-party minority government, pledging to foster Panama's economic recovery, transform the Panamanian military into a police force under civilian control, and strengthen democratic institutions. During its 5-year term, the Endara government struggled to meet the public's high expectations.
Panama President José Raúl Mulino rejected negotiations over ownership of the Panama Canal, in the face of President Trump’s fixation on the U.S. retaking the trade waterway. Mulino’s ...
PANAMA CITY (Reuters) -Panama's president-elect, Jose Raul Mulino, said on Wednesday he will urge lawmakers to approve a law enabling the Panama Canal to build large water reservoirs in the face ...
Panama's economy is fully dollarized, [15] [16] with the US dollar being legal tender in the country. Panama was the first foreign country to adopt the U.S. dollar as its legal currency (1903) after its secession from Colombia (with U.S. help) temporarily deprived it of a local currency. Panama is a high income economy with a history of low ...
José Raúl Mulino Quintero (born 13 June 1959) is a Panamanian politician, diplomat and lawyer serving as the 39th president of Panama since 2024. He ran for president in the 2024 Panamanian election, which he won with 34% of the vote as the Realizing Goals candidate and a substitute for former President Ricardo Martinelli.