“There is a caldillo of worrying social instability”, with this phrase the economist Carlos Araúz referred to the issue of economic reactivation in the country and the immediate generation of jobs.
The banker also commented that there is no time for planning, it is a time for reaction and that is what is being experienced this week in the streets: a people eager for solutions. “I do not attribute the responsibility solely to the public sector at all. It is time for conversation with action, the time for friendly dialogue that takes 30 or 60 days is over, the call is for caution, prudence, urgency and distance ourselves from indolence, from connecting with people who are having a hard time ”, He remarked.
Araúz explained that the country is entering a crucial part of the year because about 70 to 75 thousand contracts are maintained due to the fact that there is a bloc of the economy that has not been reactivated.
The economist exposes and recommends some strategies to be able to generate an employment in the country and reactivate our economy, such as, for example, the intervention of the State in micro, small and medium enterprises so that there is a state guarantee and that state or private banks are encouraged to inject money into the economy through that micro-entrepreneur who has had a very bad time during these 18 months.
The other recommendation is to encourage the medium and large employer to encourage and rehire staff producing some tax benefit or tax credit, but that is intrinsically tied to job creation.
“The obsession of this country has to be to create jobs. 14.5% employment drops a little from 18.5%, however, although it is true, that figure is flattering, but that does not mean that we are much better off because in Panama a very rare process is taking place that did not occur before, and it is that the person simply gives up the idea of looking for work because they do not have the skills, capacities, the appetite to work for the salary that they are willing to pay them ”, he added.
He described the lack of money circulation in the streets as a problem, for which he suggested reactivating the credit wheel and infrastructure works to generate employment.
