Panama’s Minister of Economy and Finance, Felipe Chapman, met with a high-level delegation from the World Bank Group in Panama City this week. The meeting focused on aligning the international institution’s support with the government’s key economic goals for the coming years.
The World Bank delegation was led by its Managing Director and Chief Financial Officer, Anshula Kant, during her official visit to the country. They were joined by Panama’s Vice Minister of Economy, Eida Sáiz, and other senior officials from the Ministry of Economy and Finance (Panama). Discussions centered on institutional strengthening, job creation, and mobilizing capital for the private sector.
“This dialogue allows us to understand firsthand the economic priorities of the Panamanian government,” a World Bank representative stated. [Translated from Spanish]
Building Pillars for Sustainable Growth
Panamanian authorities emphasized the need for strategic alliances to stimulate the economy. Attracting investment and promoting national development were framed as critical objectives. The topics covered are considered foundational for achieving long-term sustainable growth.
Minister Chapman and his team outlined their vision for a more dynamic economic environment. They seek partnerships that go beyond simple financing. Technical assistance and policy formulation support are equally valuable to the administration.
“We are committed to consolidating strategic alliances that energize the economy and attract investments for the country’s development,” officials from the Ministry of Economy and Finance noted. [Translated from Spanish]
The World Bank Group reaffirmed its commitment to supporting Panama through various mechanisms. This includes continued financing, dedicated technical assistance, and direct accompaniment in public policy design. The institution expressed a clear willingness to deepen its collaborative relationship with the Central American nation.
Strengthening a Longstanding Partnership
This high-level engagement strengthens the existing relationship between Panama and the multilateral organization. It opens the door to new initiatives aimed at economic and social development. The ultimate goal, both parties agreed, is creating tangible benefits for the Panamanian population.
The international delegation included several key directors and specialists. Juan Pablo Uribe, Sanaa Abouzaid, Ivana Fernández Duarte, Joelle Dehasse, Timothy Toh, Pedro Rodríguez, and Sandra El Saghir all participated in the meetings. Their presence underscored the breadth of expertise the World Bank can offer.
On the Panamanian side, the meeting included Iveth Martínez, General Secretary of the MEF. María Cristina Vilá, Chief of Staff, and Julio Marquinez, Director of Public Financing, also contributed to the discussions. This broad participation ensured all critical financial and economic perspectives were represented.
Analysts view this meeting as a routine but important step in bilateral relations. It ensures Panama’s priorities are clearly communicated to a major international financial partner. The outcomes are expected to influence cooperation programs and funding structures in the near future.