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Weekly Report - 10 March 2011 (WR-11-10)
PANAMA: Another key reverse for Martinelli
A bid for “social peace" over “necessity". This was how the
pro-business government of President Ricardo Martinelli spun its decision to
rescind a deeply unpopular amendment to the 1963 mining code which would have
opened up the sector to foreign government investment. Subsequent government
efforts to big up its “commitment" to the “popular will" aside, the reverse is
Martinelli's second significant U-turn since taking office in July 2009
following his failed attempt at weakening labour and environmental legislation
(the so-called Ley Chorizo) last July.
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- PANAMA: Another key reverse for Martinelli
- TRACKING TRENDS
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