The Cabinet Council approved this Wednesday, July 29, the general state budget for the fiscal year 2027, which amounts to $35,111,075 million. Panama’s Cabinet Council approved the general state budget for the 2027 fiscal year at $35,111 million, aiming to meet the Ministry of Economy and Finance fiscal social responsibility deficit target of 2.97% of the Gross Domestic Product. Fiscal deficit target: 2.97% of the Gross Domestic Product (GDP). Compliance: Designed to align with the country’s Fiscal Social Responsibility Law limits. The Cabinet Council approved this Wednesday, July 29, the general state budget for the fiscal year 2027, which amounts to $35,111,075 million.