President Cortizo Will Prioritise Anti-Corruption, Economic Reforms In Panama

• It is expected that newly inaugurated Panamanian President Laurentino ‘Nito’ Cortizo will pursue reforms to improve transparency, mitigate corruption and bolster economic activity.
• It is expected that Cortizo will maintain business-friendly economic policies in line with those of his predecessor, Juan Carlos Varela.
• Although Cortizo won a closer-than-expected election in May 2019, his governing coalition will support policymaking, though it is unclear if it will be able to pass constitutional reforms to modernize Panama's political institutions.

(Source: Fitch)