Panamanian Left Demands
Emergency Economic Plan
Panama's PAP (Popular
Alternative Party), an
active leftwing force in
the country, called on
the government to
implement an emergency
economic plan to curb
the negative effects of
US recession.
In a public communiqué,
the PAP said the US
mortgage crisis and high
oil prices affect
revenues in the Panama
Canal.
The leftwing political
organization, headed by
Olmedo Belluch,
denounced the decrease
in the number of ships
going through the Canal
and a drop in revenues,
a situation that might
get worse in 2008.
The communiqué
underlined that the
Canal project is very
expensive, so Panamanian
tax payers would have to
pay the cost.
Inflation, public debt,
sustained
underemployment and low
income affect the
Panamanian people, who
demand an emergency
treatment and special
measures.
The PAP demanded a
revision of the budget
to enlarge the Panama
Canal, a food security
policy, frozen prices of
the family shopping
basket, a national
energy plan and
prioritized public
expenditures in health
and education. |
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