Ke­jan Haynes

PANA­MA CITY—Fi­nance Min­is­ter Dav­en­dranath Tan­coo has pushed back against crit­i­cism of the Gov­ern­ment’s US$1 bil­lion bond is­sue, in­sist­ing the bor­row­ing is backed by fu­ture rev­enue and not a case of pass­ing to­day’s debt on­to an­oth­er ad­min­is­tra­tion.

Speak­ing in Pana­ma dur­ing CAF’s Latin Amer­i­ca and the Caribbean In­ter­na­tion­al Eco­nom­ic Fo­rum 2026, Tan­coo framed the bond against what he de­scribed as an in­her­it­ed prob­lem—a US$1 bil­lion bond raised in 2016 with no re­pay­ment mech­a­nism in place.