PANAMA’S STATE general budget for 2016 was published in the Government Gazette on Black Friday, November 27, but there were no discounts.

In total, the approved budget will be $20.1 billion which represents an increase of $500 million compared to the original 2015 budget of $19.6 billion.

The central government was assigned $11.3 billion while decentralized institutions are assigned $6.4 billion.

Public companies are being allocated $2.4 billion reports La Prensa