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Panama Continues on with more Public-Private Partnership Proposals

Article Summary:

The Ministry of Economy and Finance (MEF) offered yet another new proposal from the Public-Private Partnership (PPP), the National Roundtable for Development. This new proposal is aimed at four specific infrastructure areas; Metro de Panama, road infrastructure, the city government and the convention Center. Now eliminated are health and education. Government officials says the PPP is one way to finance works, without having to pass the fiscal responsibility law.

Photo Credit: La Prensa Panama


Original Article Text From La Prensa, Panama via Google Translate:

MEF APP based on the Meditation Proposal

REYES GETZALETTE
IN PRENSA.COM
greyes@prensa.com

The Ministry of Economy and Finance (MEF) continued this Tuesday, November 29, a new proposal from the Public-Private Partnership (PPP), the National Roundtable for Development.

Hernan Arboleda, Director of Public Policy of the MEF, was responsible for the lift. At the meeting, Grove said to be excluded from the PPP the service sector (like health and education). In fact, the official explained that the JPA will cover four specific infrastructure: the Metro de Panama, road infrastructure, the City Government and the Convention Center.

Arboleda also said that the PPP is a way to finance works, without having to pass the fiscal responsibility law. He warned that this same law sets limits for the PPP, so that you cannot pass these parameters. Meanwhile, Hannibal Culiolis, representative of the Popular Party in the coalition, expressed his concern about Arboleda with this initiative Government will commit future income. Culiolis added that fears that the country’s fiscal deficit to rise. In October, the establishment of the PPP was the subject of a medical unemployment because the leadership believed that opened the door to privatization of health services. (With Gustavo A. Aparicio data O.)

Link to Original Article:

From La Prensa, Panama via Google Translate

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