From The Rio Times · Iolanda Fonseca · · 1m
Panama Budget Panel Adds $199M for Earthquake Hospitals
Panama's budget panel seeks $199.1m extra for earthquake-hit hospitals.
In brief
Panama's budget panel seeks $199.1m extra for earthquake-hit hospitals. Panama's Assembly budget commission requested $199.1m for 2027 state budget to fund earthquake hospital repairs. Originally reported by The Rio Times.
Budget Panel Request
Panama’s Assembly budget commission asked the Economy Ministry to add US$199.1 million to the 2027 state budget bill.
Health Focus
The extra money targets hospitals damaged in the 9 October earthquake.
Budget Breakdown
US$104.4 million covers operating costs, US$94.7 million for investment.
Key Hospitals
Cecilio Castillero and Sergio Núñez hospitals get US$3.65 million each.
Assembly Funding
The Assembly receives US$23 million for operating costs, 11.6% of the extra budget.
Opposition Push
Opposition group proposed reformulating US$191 million without Assembly funding.
Next Steps
Cabinet Council must decide before full Assembly debates Bill 644.
US Dollar Impact
Panama’s dollarized economy means no conversion needed for budget figures.
Earthquake Focus
Azuero region hit by quake gets US$12.3 million for hospital repairs.
The bottom line
Panama's Assembly budget commission requested $199.1m for 2027 state budget to fund earthquake hospital repairs.
