Panama's National Assembly approves fiscal responsibility and tax moratorium bills

Panama's National Assembly approved bills amending the country's fiscal responsibility and savings fund laws and granting a moratorium on overdue national taxes through 31 December. The government said the fiscal rules set deficit ceilings declining from 4% of nominal GDP in 2025 to 1.5% from 2030, while Canal contributions to the savings fund would be suspended for 2024–2026.