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Panama President Mulino by presidencia gob

President Mulino Pledges to Remove Real Estate Tax and Reignite Growth

Mounting pocketbook pressures and a public hungry for change pushed President José Raúl Mulino to announce sweeping economic measures Thursday night, headlined by a promise to scrap the 2% transfer tax on new homes. Speaking before the Panamanian Association of Business Executives, Mulino outlined a dozen initiatives he said would break a slowdown that has…