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Panama Inaugurates Torrijos as President

About 1 pages (317 words)

The Washington Post, September 2nd, 2004

Martin Torrijos, the son of a Panamanian military leader, took office as the country's president Wednesday, promising jobs, better relations with Cuba and a referendum on a proposed $8 billion expansion of the Panama Canal. Torrijos said Panamanians should vote to decide the issue of widening the canal for a new generation of bigger ships because of the project's high cost for this poor nation, where 40 percent of the people live in poverty. He also promised an investor-friendly government that also has concern for the poor. "Doing business in Panama has become a headache," he said. Torrijos h...

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Eloy O. Aguilar. The Washington Post, September 2nd, 2004. Panama Inaugurates Torrijos as President. Content provided by HighBeam Research.



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