31 July 2020 – Expansion of Housing Solidarity Fund program

Type of Intervention: Financial and Economic
Sectors Involved: Private Sector and Businesses
Intervention Categories: Finance policy and financial aid; Stimulus packages and financial support
Level of Jurisdiction: National
Lead People/Agency: Ministry of Housing

Overview: US $ 80 million of the Panama Savings Fund available by law has been used to reinforce the Housing Solidarity Fund, which provides a US $10,000 bonus for the initial payment of the first home, whose application value will now increase to US $ 70,000.
Full details here: https://www.gacetaoficial.gob.pa/pdfTemp/29081_A/GacetaNo_29081a_20200731.pdf

Other links: 1
Type of Justification: No justification given