PANA­MA CITY–Min­is­ter of Fi­nance Dav­en­dranath Tan­coo says leg­is­la­tion to make pri­vate pen­sions tax free has been draft­ed and is now be­fore Cab­i­net, with the mea­sure ex­pect­ed to be in­clud­ed in a Fi­nance Bill due for Par­lia­ment by late Feb­ru­ary or ear­ly March.

Speak­ing in a one-on-one in­ter­view on the side­lines of the CAF In­ter­na­tion­al Eco­nom­ic Fo­rum in Pana­ma, Tan­coo said the pro­pos­al, first an­nounced in his 2026 bud­get pre­sen­ta­tion, was de­layed af­ter ques­tions arose over sup­port­ing da­ta. He said those is­sues have since been re­solved.

“The leg­is­la­tion has been draft­ed. I think it is be­fore the Cab­i­net as we speak,” Tan­coo said, adding, “I ex­pect there’s a Fi­nance Bill that is due pos­si­bly in the end of Feb­ru­ary, ear­ly March. It will be in­volved in that Fi­nance Bill. So that is com­ing.”