HomeArchivePanama’s President to Legislate by Decree for Next 2 Months

Panama’s President to Legislate by Decree for Next 2 Months

PANAMA CITY (EFE ) – Panamanian President Martín Torrijos will legislate by decree during the next two months, following congressional approval of a law Dec. 30 conceding him these powers.

 

According to a report posted Dec. 31 on the congressional Web site, legislators approved a bill “that concedes to the Executive Branch extraordinary powers to pass laws relating to (10) specific areas.” The final vote was 42 lawmakers in favor, 20 against. After the vote, Congress closed for vacation until March 1.

 

Using these powers, which the President requested this week, Torrijos will legislate the Creation of a Panama Canal Trust Fund for the Development of Infrastructures, to be funded with part of the surplus the Panama Canal Authority pays the Treasury.

 

He also is expected to reform laws governing the Free Competition and Consumer Affairs Commission (CLICAC), and the Public Services Regulatory Agency, institutions that have come in for a great deal of criticism.

 

Torrijos will also modify the present organic law of the National Institute for Professional Training (INAFORP), will promote the modernization of the Ministry of Commerce and Industry, and will provide the Panama National Bank with a regulatory system to improve its efficiency and competitivity. By the same token he will pass legislation that declares defunct the National Financial Corporation (COFINA) and the Bayano Corporation, state-run companies that have been inoperative for the past two years.

 

With regard to Panama’s civil service, he will give orders to “make the process of appointments more efficient, pass special laws providing for automatic salary adjustments, make rulings on appointments to the Supreme Court of Justice and on financial aid to members of public institutions such as the police.”

 

Approval of the measure means “the President will have discretionary powers to legislate during the two-month congressional recess, creating the legal framework the nation needs,” the web source said.

 

“When the recess ends, the Executive Branch will send these laws to Congress,” which can then approve or reject them, but may not modify them.

 

The government has a majority in Congress, with 45 of the 78 legislators, while the opposition is splintered by internal power struggles.

 

Trending Now

Costa Rica Red Taxis Can Now Be Booked Through Uber

Uber users in Costa Rica can now request one of the country’s licensed red taxis directly through the app. Uber Taxi started yesterday with...

Costa Rica Opens Probe Into Political Ties of Man Wanted by US DEA

Costa Rica's attorney general will investigate whether a naturalized Costa Rican detained for extradition to the United States had political ties or helped finance...

Costa Rica Sets Oct. 14 Opening for Maximum-Security Prison Modeled on El Salvador’s

The CACCO will hold up to 5,100 inmates tied to organized crime, opening months after its original deadline.

Costa Rica Falls Six Places in FIFA Ranking After Two Losses

Costa Rica’s national soccer team has taken another hit after a rough start to the Concacaf Nations League, dropping six places in FIFA’s live...

Costa Rica’s Playa Sámara Residents Push to Restore Long-Damaged Mangrove

Residents of Playa Sámara are pushing for the restoration of the Río Lagarto mangrove, an ecosystem that environmental authorities say was heavily altered by...

The Costa Rica Bike Ride I Was Lucky to Survive

Two anonymous Ticos once prevented me from doing one of the more insane things I have ever thought of doing in my life. It...

Costa Rica Braces for Afternoon Storms as Tropical Wave No. 48 Arrives

Tropical Wave No. 48 is expected to cross Costa Rica today bringing a greater chance of afternoon downpours and thunderstorms as already wet areas...

Breeze Airways Begins First Costa Rica Flights From Tampa

Breeze Airways will begin flying to Costa Rica tomorrow, opening a new nonstop connection between Tampa, Florida, and Juan Santamaría International Airport near San...

Costa Rica Job Losses Mount as Major Companies Cut Operations

Job creation has struggled to gain momentum in Costa Rica, while business closures and corporate restructuring have resulted in the loss of at least...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel