In a statement, the employers’ union, critical of governance, pointed out that hundreds of companies – whether small, medium or large, 96 percent of the industry – and entrepreneurs see their efforts and initiatives severely hampered every day by these obstacles.
Chronic democracy and the inefficiency of state institutions exact a heavy price for Panama’s economic and human development, according to the text, which Prensa Latina had access to.
The column La Cámara Opina also points out that in many cases projects fail due to the absence or malfunction of institutional systems, procedures and mechanisms.
“We have accepted it as normal that state-related procedures experience unjustified delays, cost overruns in the processes, delays in payments and a number of situations that seriously affect business operations,” the entity’s statement said . Chair: Adolfo Fabrega.
The Cciap pointed out that due to unjustified procedures and delays, various businessmen have communicated their intention to stop the production or marketing of some products and services, as they could not overcome bureaucratic obstacles.
At a time when our economy needs to innovate and be more efficient more than ever, the barriers created by institutions only stifle innovation, the text states.
He also points out that chronic bureaucracy with its characteristic lack of transparency is often the breeding ground for corruption.
Formal procedures and processes that can be administered with absolute discretion encourage a market of favors and improper payments that must be punished to the fullest extent of the law, the Cciap ruled.
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