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Panama facilitates reconstruction after the earthquake with exemptions on public and private works

World 1 source 1 country 🔦 Under-reported 15m ago

The Government of Panama has officially approved a measure to waive administrative fees and contributions for construction projects following the earthquake that occurred on October 9. This policy applies to all public and private sector efforts focused on the repair, reinforcement, rehabilitation, and reconstruction of damaged infrastructure.

The initiative is designed to expedite the recovery process by reducing the financial and bureaucratic burdens associated with rebuilding efforts. By facilitating these administrative exonerations, the government aims to accelerate the restoration of essential services and structures impacted by the seismic event.

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