Panama Will Install Commission On Minumum Wage
By DON WINNER for Panama-Guide.com - On 17 August 2009, a special Minimum Wage Commission, nominated by Panama's President Ricardo Martinelli through Executive Order Number 48 of 4 August 2009, will be installed according to a press release from Panama's Labor Minister Alma Cortés. The commission will be comprised of representatives from the government, private sector, and organized labor and will discuss changes that have to be made in the actual minimum wage in Panama. One of the first things Ricardo Martinelli accomplished shortly after taking office was the elimination of the "third zone" - improving the purchasing power of thousands of Panamanians who live and work in the interior of the country. The executive order signed by Martinelli designates Labor Minister Alma Cortés to preside over the Minimum Wage Commission, which will also include representatives from MITRADEL, MEF, MICI, MIDA, CONEP, CAPAC, and CONATO.
