The Government signed an agreement with payments company Mastercard to digitize state payments, fight cyber fraud and expand financial inclusion

Despite reduced ship traffic due to drought, the Panama Canal achieved record revenues of nearly US$5 billion in the 2024 fiscal year, up 1% from the previous year, attributed to higher tolls and priority crossing auctions

Due to severe drought, vessel transit through the Panama Canal dropped by 29% in 2024, as reduced rainfall lowered water levels in the canal’s artificial lakes, cutting daily ship passages from 38 to 22

Seeking support from France in removing Panama from tax haven blacklists, including one by the European Union, the country continues to rebuild its image after the 2016 "Panama Papers" scandal

Panama City commissioners declared a 72-hour state of emergency due to Hurricane Helene, with the option to extend it, allowing officials to enhance storm preparedness, track resources, and ensure a swift response if the storm intensifies