Showing posts with label economic growth in panama. Show all posts
Showing posts with label economic growth in panama. Show all posts

Tuesday, February 17, 2009

Carnaval to Bring Economic Growth to Panama

Carnaval is set to begin in Panama from Thursday, February 21st to Tuesday, February 24th.

Carnaval, like Mardi Gras in the U.S., includes parades, parties and heavy drinking. The festival is celebrated in virtually every small town, many of which will double to quadruple in size. One of the most famous Carnaval towns is Las Tablas, which will have roughly 100,000 people inflate the city of 10,000.

Carnaval begins with a party on Friday night. The queens of Carnaval are crowned and participate in a parade. It is a formal celebration that concludes with a fireworks show. After, there are parties at local bars until 5am. On Saturday morning, the “mojadera” begins at 10am. Water tankers called ‘cuelcos’ are parked on the streets and spray down the partiers with water. In the afternoon, there is another parade with the queens of Carnaval. In the early evening, around 5pm, the square is closed off for cleaning while partiers recharge. In the evenings, Carnaval-goers hit up the bars and squares once again and await the midnight parade of Carnaval queens. This is repeated until Tuesday.

Panama City prepares for Carnaval for the entire year, including planning for parade routes, floats, and municipal preparation. The festival is good for commerce.

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Monday, December 15, 2008

Panamanian Growth Celebrated by Torrijos and Rice

According to a press release issued by the Panamanian government,

Late last week, meetings were held between U.S. Secretary of State, Condoleeza Rice, and Panama President Martin Torrijos in order to discuss common interests between the two countries.

The meeting, entitled the Pathways to Prosperity in the Americas”, or PPA, were held in Panama City. The purpose of the meeting was to promote cooperation and economic growth in the Western Hemisphere through free trade and open investments. The conference hosted ministers of foreign affairs and commerce from Canada, Chile, Colombia, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Mexico, Panama, Peru and the United States.

Secretary Rice thanked Torrijos for hosting the meeting, stating, “I want to thank you and congratulate you too on the great progress that Panama has made during your presidency. We can see the extraordinary growth here in Panama City. We see the project that will expand the Canal. And I also want to congratulate you on the improvement in social indicators on poverty. I know that this is something that was dear to your hear when you became President, and it is very good that you have delivered so much for the Panamanian people. And again, Panama is an example of what can happen when trade and investment and policies for good governance come together to bring social progress for the people”.

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