Does the ascending administration mark a sea change in the politics of the Central American nation, or merely a mild corrective to a working system? The new Minister of Economy and Finance discusses the philosophy and priorities that will guide policy over the next five years.
Dulcidio De La Guardia
Ministry of Economy and Finance, Republic of Panama
Published, March 2015
Following the victory of Juan Carlos Varela in Panama’s 2014 presidential election, many investors are anxious to know what this shift in the political wind will mean for the country’s economic climate. A sit-down with Dulcidio De La Guardia, Panama’s Minister of Economy and Finance, reveals the new administration’s plan to sustain the country’s rapid growth, while expanding infrastructure and investing in the Panamanian people.
Breaking New Ground …
The promise to expand services and build infrastructure to benefit ordinary Panamanian citizens was an important factor in the election. Minister De La Guardia is optimistic about the government’s ability to help its citizens “benefit from the huge economic growth that Panama has experienced over the last few years and basically improve the life of the people.”