PanamaTimes

Thursday, Dec 26, 2024

Panamanians angry over inflation press on with protests

Frustrated Panamanians have taken to the streets in protest for more than a week, building upon anger over fuel prices that have nearly doubled to show their general dissatisfaction with the government.
The protests grew Tuesday despite Presient Laurentino Cortizo’s promise a day earlier to extend a freeze on gasoline prices to all Panamanians rather than just the public transport system.

Thousands marched in the capital and cities across Panama, while roadblocks brought traffic to a standstill on the Pan-American Highway.

Cortizo said Monday that he understood citizens’ dissatisfaction, and he blamed the COVID-19 pandemic and Russia’s invasion of Ukraine for the rise in prices.

Protesters maintained the pressure Tuesday.

“The cup of tolerance and patience that the Panamanian people showed during various (administrations) overflowed with the price of fuel, which is abusive, among other things,” said Miguel Antonio Bernal, political science professor at the University of Panama. “Additionally, we have the great corruption that has been unleashed.”

Leaders of a teachers’ strike, which gave the initial spark that set off the nationwide protests more than a week ago, criticized Cortizo’s announcement of a fuel price freeze while talks to end the protests were underway.

They called the offer insufficient. Other groups have called for a larger reduction in the cost of gasoline.

“The price of gasoline is overwhelming those of us who have to travel to teach classes in our schools,” said Ilbis Rujano, a public school teracher in the central province of Veraguas who has participated in the protests. “Besides that, the cost of food rose, which is a hit on the poorest familias who have to send their children to school.”

“This can’t be tolerated,” she said.

Panama, a country of 4 million people, has historically maintained a fairly stable service-based economy that uses the U.S. dollar as its official currency. That has practically made inflation a non-issue in recent times. Now economists put inflation around 4%, which is significant but well below some other countries in the region, such as Mexico, where it is around 8%.

Protesters say the basic goods necessary for Panamanian families are more expensive.

Indigenous groups from western Panama, among the country’s most impoverished, joined the teachers’ protest as have workers from Panama’s powerful construction industry, who called for a protest Wednesday.

On Tuesday, the government asked protesters not to block buses that use the Pan-American Highway moving migrants who enter Panama from Colombia to the border with Costa Rica so they can continue their journey north. On Monday, buses that tried to cross roadblocks were damaged by protesters, though the government said no migrants were injured.

Early Tuesday, construction workers temporarily closed a main access route to the capital, while thousands of teachers marched to the National Assembly.
Comments

TheOnlyRealist 2 year ago
"Cortizo said Monday that he understood citizens’ dissatisfaction, and he blamed the COVID-19 pandemic and Russia’s invasion of Ukraine for the rise in prices."
THIS IS ALL THAT NEEDS TO BE HEARD. This guy and his government are an Ultra-Circus...if it would not have been covid, it would have been the climate, if it wasnt for russia, it would have been bad bad Syria.

The only thing that helps is total Anarchy and hanging all these wanking-Politicans along the Puente de las Americas - as an example for ALL.

But in this country, where the peoples balls have been cut off by under-education and over-entertaining-stupidity, NOTHING will change! Nada!
Oh ya 2 year ago
Gas prices are set outside Panama, where do these people think the money is going to come from to pay the difference. Just shows those teaching the kids are not that well educated. The cooking gas here is $5 a bottle and that is possible because the gasoline tax offsets the true cost. In Costa Rica that same bottle is $25. But do those striking ever talk about that?

Newsletter

Related Articles

PanamaTimes
0:00
0:00
Close
The Closure of the Global Engagement Center: Controversy, Claims, and Conclusions
The American Democrats Party Strives to Rise from the Ashes
Trump Nominates Kevin Marino Cabrera as Ambassador to Panama Amid Canal Dispute
Texas Congresswoman Kay Granger Located in Nursing Home Following Six Months of Inactivity
A large group of unauthorized migrants is traveling through Mexico with the aim of reaching the USA before Trump assumes office.
A Democrat Congresswoman with blue and black hair is having a breakdown over "President Musk."
Argentina Defies Predictions with Record $17 Billion Trade Surplus, But Is the Growth Sustainable?
Disney's High Seas Gamble: Navigating the Waters of Cruise Expansion
The Surprising Impact of Extreme Heat on Mexico's Youth
Polarization: The Word That Unites a Divided Era
Exoneration in the Subway: The Complexities of Self-Defense and Public Safety
The Tragic Passing of UnitedHealthcare CEO Highlights Corporate Security Challenges
Global Developments: Violence in Sinaloa, Political Chaos in the Bahamas, Venezuelan Voting Disputes, and a Major UK Drug Bust
OpenAI and Anduril: Charting AI's Path in Modern Warfare
The Pardon of Hunter Biden: A Symbol of Hypocrisy
Biden Crafted the Strategy Used by Trump
South Korea's Democracy Tested: President Yoon’s Martial Law Reversal Sparks Political Reckoning
Seoul Crisis: Yoon Suk Yeol's Martial Law Blunder Triggers Political Upheaval
Generative AI's Limited Impact on Elections Highlighted by Meta
France at the Precipice: Barnier’s Administration Confronts Unprecedented No-Confidence Vote
Jaguar Unveils Electric Concept Car, Type 00
White House Defends Presidential Pardon of Hunter Biden
xAI by Elon Musk: Transforming Ambition with a $50 Billion Valuation
President-elect Donald Trump, has announced on Truth Social that Kashyap "Kash" Patel, will be the next Director of the FBI
A Historic Milestone or Risky Precedent? The Assisted Dying Bill Splits both Parliament and the Nation in England and Wales
Trump's Tariff Threat Looms Large as Trudeau Heads to Mar-a-Lago for Talks
Canada's Oil Industry Faces Uncertainty Amidst Trump's Tariff Threat
World Court to Assess Global Legal Responsibilities on Climate Change
What the Pink Elephant Test Reveals About Thought Control
Trudeau Visits Trump in Florida Amid Rising Tariff Concerns
Is Elon Musk the Unofficial President of America?
Impact of Proposed US Tariffs on Canadian Oil Exports
U.S. policymakers face a contentious debate over whether to engage with Nicolás Maduro's regime in Venezuela.
COP29's Carbon Trading Deal Faces Major Criticisms
Indian Diplomats in Canada Monitored: Government Raises Alarm
Putin Warns Trump of Ongoing Safety Concerns
Claudia Sheinbaum Challenges Trump's Migration Claims
Insights from Dostoevsky: The Impact of Self-Deception
Trump Administration Nominees Face Threats, FBI Confirms
Elon Musk Criticizes Fighter Jets, Advocates for Drone Warfare
Kim Kardashian's Social Media Activity Fuels Political Speculation
An Examination of AI's Influence on Future Work and Life
Tulsi Gabbard's Contentious Nomination for Director of National Intelligence
$100,000 Trump Watch Faces Slow Sales
Surge in Golden Visa Interest Among Americans Post-Trump Election
Elon Musk and Vivek Ramaswamy Aim to Reduce US Federal Spending
Donald Trump nominated Linda McMahon for the position of Secretary of Education.
Russia Pledges Response Following Ukraine's Use of US Long-Range Missiles
Joe Biden Joins G20 Leaders' Photo Re-Take in Rio
Trump Plans to Reverse Biden's Fuel and EV Regulations
×