Cortizo thanks the president of the IDB for the financial support

He President of the Republic, Laurentino Cortizoreceived this Thursday the President of the World Bank Group (WBG), David Malpass, who is on an official four-day tour of Latin America and the Caribbean.

During the meeting, u Hall of Peace of the Presidency of the Republic, Cortizo He thanked for all the financial support that the World Bank provided to Panama during his reign.

Malpass shared with the Panamanian president the issues related to dglobal economic challengesinflation, among others, and recognized Panama’s progress in reducing the fiscal deficit and the importance of facilitating reforms that allow the entry of private capital.

President of the association The World Bank Group (WBG)he also addressed the issue of the importance of speeding up the implementation of the National Plan for the Development of Indigenous Peoples and strengthening education.

accompanied by the president Cortizo CohenMinister of Economy and Finance, Héctor Alexander and Saleh Asvat, National Secretary of the Public-Private Association (PPP).

While Malpass was followed by Carlos Felipe Jaramillo, Vice President of the World Bank for Latin America and the Caribbean; Alfonso García Mora, IFC Regional Vice President for Europe and Latin America and the Caribbean; Michel Kerf, director for Central America and the Dominican Republic.

The Application of Cortiz She requested more loans from international financial institutions.

Political sectors predict that the next Government You will be in a tight spot because of the high borrowing required in this state administration.