The The Budget Commission of the National Assembly approved the Ministry of Economy and Finance (MPF)two outgoing transfers in the amount of USD 5,061,544.
The first line item transfer of $500,000.00 is to reinforce the line item cost of 635 manufacturing and trading companies, to help with expenses incurred on the occasion of the celebration An international classic of the Caribbean in Panama.
While the second payment in the amount of 4,561,544 dollars is intended to strengthen spending on expired deal with different contractual obligations with different forensic companies.
These forensic firms represent Panama before investment arbitration venues, such as International Center for Settlement of Investment Disputesas well as legal instances.
He Deputy Minister of Finance, Jorge Luis Almengor He was accompanied by Manuel Sánchez, executive secretary of the Gambling Control Board and Margie-Lys Jaime, legal advisor and head of the Compliance Department of the Ministry of Economy and Finance.
He General state budget 2023 is $27,579,449,552, which represents $461.4 million more than the originally approved budget.
It is in the beginning executive body submitted a draft budget of $27,162,983,671 million to the National Assembly, but the Assembly Budget Committee sent the draft back to the executive branch with some recommendations for changes.
with budget adjustmentat least 47 state entities will receive an increase correction in the allocated budget for 2023.
Source: Panama America
I am Jason Root, author with 24 Instant News. I specialize in the Economy section, and have been writing for this sector for the past three years. My work focuses on the latest economic developments around the world and how these developments impact businesses and people’s lives. I also write about current trends in economics, business strategies and investments.
