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Insidecostarica.com - San José, Costa Rica  -   Tuesday 27  June 2006

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Latin America
  Nicaragua Fosters Geo-Thermal Projects
  Guatemala, Millennium Goals Center Debate
  Venezuela Optimist on Latin American Integration
  Panama Debates Canal Extension
  Cuba to Achieve Millennium Goals
  Mexican IFE Arbitrator, No Pressure



Panama Debates Canal Extension
The periods to call for a referendum in Panama in 2006 may shorten when the project to enlarge the Canal enters National Assembly discussion.

After being okayed by the Cabinet Council and the parliamentary chamber, the expansion plan, at a cost of 5.25 billion dollars, will shortly go to the hands of the Electoral Court (EC).

The program is successfully advancing despite considerations of the expensive cost of its investment, the eventual indebtedness of the nation and its alleged unnecessary nature.

According to Parliament Speaker Elias Castillo, deputies will brainstorm the issue for nearly two weeks in a clear and exhaustive process to fulfil all steps needed.

Now, legislators are in charge to buttress the project and later submit it to the EC with a date recommended to hold the national referendum.

The EC will have between 90 and 120 days to call for the plebiscite.


 





 


 
   

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