Panama's Former Canal Chief Jumps in the Deep End

Global FinanceVol. 18 Nbr. 9, October 2004

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Summary


Panama's new minister of economy and finance, Ricaurte Vasquez Moral, brings what any country would want for its top fiscal officer: decades of experience in the private and public sectors, including eight years keeping the financial activities of the Panama Canal running smoothly. Financial analysts say one of the first hurdles for Vasquez will be persuading Panama's legislative branch that the Latin nation needs to temporarily suspend its fiscal responsibility law.

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Panama's Former Canal Chief Jumps in the Deep End

He doesn't carry the star appeal of Panamanian tourism minister and international salsa king Ruben Blades. B...

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