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Panama fun facts.
1 - Panama has NO hurricanes
2 - Panama has a thriving Metropolitan city in Panama City
3 - Panama has secure banking institutions
4 - Panama has a climate for everyone, city, beaches, mountains
5 - Panama uses the US Dollar as its currency
6 - Panama is a short flight from many major cities in the USA
7 - Panama has many English speaking folks, Spanish is the main language
8 - Panama welcomes foreigners to live and work.

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Saturday, May 12, 2012

The Media, even in Panama is funny

Day 223 Saturday (Sabado) - Panama City

An opinion piece published in Martesfinanciero.com by Gustavo Chelew is blunt in pointing out, under the title "What we are doing?", - the damage that constant criticism and inflaming public opinion against President Ricardo Martinelli and his governing actions causes to Panama.

This constant criticism expressed in major news media produces results like the ones in a poll asking "In general would you say that the current Government acts by thinking about the benefit of a few or of everyone?". The answer was that 77% said, "thinking about a few" and only 21.8% said "thinking about everyone".

This popular perception is amazing, because, as listed in Chelew’s article -there are numerous facts which show that the Martinelli government does not "rule for a few", and that Panama is experiencing a time of economic splendor and development- which one way or another- is poured over most of its population.

Just some facts:

- Growth of the economy by almost 10% a year in recent years.
- Unemployment rate is 4.5%
- Annual revenues of the Social Security Department is $457 million
- Decrease in income tax for natural persons
- Subsidies for hundreds of millions of dollars for consumption of electricity, gas and public transport.
- Increase to the cap on preferential rates for housing.
- Universal Scholarship for study

As a media for regional business information-not living in Panama and being quite independent, at CentralAmericaData.COM we recommend investing in Panama, but we also personally recommend the country for the opportunities today and tomorrow it offers to its inhabitants.

Of course not everything is rosey in Panama, but the media must be very careful in exercising the right to report, combining this law with the duty to do so fairly.

View source article "What are we doing"

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