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April 1, 2022
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Entrepreneurs assure that December 20 as a mandatory rest day will bring losses


Icaza, who assures that there are already enough days off in the country (decreed by law as holidays), said that this measure should have been previously consulted with the private sector and the productive sectors and more so at a time when the national economy is facing a crisis.

Entrepreneurs assure that December 20 as a mandatory rest day will bring losses

President of the Chamber of Commerce, Industries and Agriculture of Panama. Photo: Illustrative

The private sector assures that it was not consulted about the intention to turn December 20 into a holiday or mandatory day of rest; This was stated by the president of the Chamber of Commerce, Industry and Agriculture of Panama, José Ramón Icaza, stressing that this will generate economic losses for the country.

Icaza, who assures that there are already enough days off in the country (decreed by law as holidays), said that this measure should have been previously consulted with the private sector and the productive sectors, and even more so at a time when the national economy is facing a crisis.

The Law that establishes December 20 as a National Day of Mourning and mandatory rest, was sanctioned this morning by the President of the Republic, Laurentino Cortizo.

Icaza stressed that this mandatory rest day, established in Law 157, “which adopts national awareness measures on December 20, 1989”, “is going to have an affectation in terms of cost and especially in a complicated situation. where more and more the world and the private sector need to increase their efficiency and competitiveness in order to compete in the world of tomorrow”.

“It is not something that really helps the productive sector in being able to maintain productive and labor continuity on days when there are already enough days off,” he said.



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