Businessmen are worried about the country’s economic direction

Considering the latest negative events for the country’s economy, National Council of Private Entrepreneurship (Conep) considers it crucial to create an appropriate climate for attracting investments and to guarantee that they develop without obstacles or illegitimate pressures, always within the legal framework that is respected.

Also, he considers it prudent to have a poor conditionwhich applies the law without distinction and promotes public policies that encourage investment so that our growth is stable and sustainable.

Conep is worried about recent reports presented by risk assessment agencies and financial institutionswhich affect the investment grade of the country.

“The reports allude to various circumstances which, if not acted upon judiciously, may affect our investment rating and the possibility of moving towards development”, says the press release of the business union.

This concern was compounded by the water crisis he suffered Panama Canal and this affects the reduction of vessel traffic and uncertainty around contract between the state and Minera Panamá.

The business group cannot ignore the main problem of public finances, which is sustainability pension program of the Social Security Fund (CSS)whose national dialogue was suspended at the end of 2021 without a resumption date.

Conep repeats that this is important at this moment simplify public procedures and carry out effective de-bureaucratization of the state, which enables the rationalization of investments.

Furthermore, it raises promote agribusiness, tourism, encourage research and technical education and guarantees an education that gives our young people the tools to successfully face life.