Sunday, July 20, 2025
  • About Us
  • Contact Us
Parliamentobserver
  • Ecology
  • Economy
  • Healthcare
  • Politics
  • Education
  • Business
  • Login
No Result
View All Result
Parliamentobserver
Home Economy

Civil Unrest in Panama Continues

Dennis Rogers by Dennis Rogers
September 29, 2022
in Economy
0
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter

The people of Panama have been protesting the obscene cost of living for weeks. President Laurentino Cortizo has promised to lower the cost of basic necessities such as food and energy, but the people are not satisfied. Teachers began protesting in July and went on an initial three-day strike. This act of defiance inspired other groups who also took to the streets to call for price reductions.

Related posts

HIT-NOT reduces forklift accidents and increases safety in logistics

HIT-NOT reduces forklift accidents and increases safety in logistics

July 7, 2025
FTC Building

FTC Cracks Down on Hidden Charges and “Junk Fees” in New Proposal

October 5, 2024

Inflation in Panama sits at 4.2% as of May, while the unemployment rate hovered around 10%. Fuel costs have soared nearly 50% since January of this year. The issue here is that despite the country’s economy growing, the benefits have not been passed on to the people in any way. Many highly-skilled professionals, such as doctors, left the country long ago for countries where they’re paid competitively and access to medical care has become increasingly difficult.

Protestors blocked the Pan-American highway, which is the main route for most of Panama’s food. Even the Catholic Church stepped in during June to mediate the battle between the people and government. The first round of discussions mediated by the Catholic Church resulted in the government freezing the cost of 72 products. Additionally, the government will now allocate 6% of GDP to education by 2024. The Inter-American Highway, connecting Panama to the rest of Central America, was cleared but the supply constraints and resulted in significant losses.

Panama’s economy grew 17.8% in 2021, and 13.6% in Q1 of 2022. There is no reason for Panamanians’ quality of life to decrease when their economy is in a surplus. The protests will continue as the people have realized that their corrupt government does in fact work for them.

The post Civil Unrest in Panama Continues first appeared on Armstrong Economics.

Previous Post

American Household Debt Surpasses $16 Trillion

Next Post

Roundtable discussion on understanding trends in proliferation and fragmentation for aid effectiveness during crises

Next Post
Roundtable discussion on understanding trends in proliferation and fragmentation for aid effectiveness during crises

Roundtable discussion on understanding trends in proliferation and fragmentation for aid effectiveness during crises

RECOMMENDED NEWS

The Real IRS Hunt

The Real IRS Hunt

3 years ago
Ghulam Omar Qargha

Ghulam Omar Qargha

3 years ago
When robots are everywhere, what happens to the data they collect?

When robots are everywhere, what happens to the data they collect?

3 years ago
Could health plan co-opetition boost action on social determinants?

Could health plan co-opetition boost action on social determinants?

3 years ago

BROWSE BY CATEGORIES

  • Business
  • Ecology
  • Economy
  • Education
  • Healthcare
  • Politics
  • Uncategorized

POPULAR NEWS

  • Klaus Schwab – The Most Dangerous Man in the World

    0 shares
    Share 0 Tweet 0
  • Dr. Robert Malone v WEF

    0 shares
    Share 0 Tweet 0
  • Ukraine Adopts WEF Proposals

    0 shares
    Share 0 Tweet 0
  • Trudeau Backs Down After Banks Scream about Massive Withdrawals

    0 shares
    Share 0 Tweet 0
  • Trudeau’s Approval Rating Hits 12-Month Low

    0 shares
    Share 0 Tweet 0
Parliamentobserver

We bring you latest news about ecology, economy, healthcare, politics, education, business.

Recent News

  • JeraSoft Celebrates 20 Years of Trusted Connections
  • PuzzleFree Game Set to Launch in July 2025
  • The $14.6 Billion Question: What the Largest Healthcare Fraud Takedown in History Means for Medical Leaders and Investors

Category

  • Business
  • Ecology
  • Economy
  • Education
  • Healthcare
  • Politics
  • Uncategorized

Recent News

JeraSoft Celebrates 20 Years of Trusted Connections

JeraSoft Celebrates 20 Years of Trusted Connections

July 11, 2025
PuzzleFree Game Set to Launch in July 2025

PuzzleFree Game Set to Launch in July 2025

July 10, 2025
  • About Us
  • Contact Us

© 2022 parliamentobserver.com Submit news release

No Result
View All Result
  • Ecology
  • Economy
  • Healthcare
  • Politics
  • Education
  • Business

© 2022 parliamentobserver.com Submit news release

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In