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December 17, 2021
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Panama Canal delivers direct contributions to the National Treasury for B / .2,080,629,685.06

Celia douglas

The President of the Republic, Laurentino Cortizo Cohen, received this Thursday, December 16, the check for direct contributions from the Panama Canal to the National Treasury for a total amount of B / .2,080,629,685.06, for fiscal year 2021, corresponding to surpluses , fees per ton of transit and payment for services provided by the State.

The president explained that in his administration, these Canal resources have served to face the pandemic and to be able to develop and continue advancing in programs such as Panama Solidario, which reaches many Panamanians, especially those who are not working.

The Chief Executive stressed that the contributions of the Canal serve to strengthen public finances, for social programs, to continue advancing in public infrastructure works, continue supporting Social Security, and benefit all Panamanians.

After the approval of the financial statements of the Panama Canal for the fiscal period from October 1, 2020 to September 30, 2021, the Board of Directors declared B / .1,487.8 million as economic surplus from the operation of the road, added to B /.591.1 million that are part of the payment for rights per ton.

The amounts approved by the Board of Directors reflect the performance of the Panama Canal during fiscal year 2021, which closed with a record 516.7 million tons CP / UMS (volume measure of the Universal Ship Tonnage System of the Panama Canal).

The Minister for Canal Affairs, Aristides Royo, pointed out that Panamanians have more than demonstrated our ability to manage this strategic artery of commerce, combining a world-class service with the generation of benefits. for our country.

For his part, the administrator of the Panama Canal stressed that the constancy of the contributions to the National Treasury reaffirms the conviction of the 9,000 men and women that make up the Canal’s human team to serve and contribute to the growth of the country.

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