Support for labor formalization and strengthening of the pension system in Panama

The objective of this TC is to support and contribute to the formalization of the labor market and strengthen the pension system institutions in Panama by providing technical support to the improvement of the operational and strategic management of the Social Security Fund (CSS). This TC will finance actions that support the CSS to: (i) improve the operational management capacity of the pension system, particularly the individual accounts component, with a digital transformation approach, (ii) implement the new functional and operational structure of the Specialized Technical Investment Unit of the CSS, (iii) draft a diagnosis and recommendation of a new functional and operational structure of the CSS Loan Center.

Project Detail

Country

Panama

Project Number

PN-T1324

Approval Date

May 8, 2023

Project Status

Implementation

Project Type

Technical Cooperation

Sector

SOCIAL INVESTMENT

Subsector

PENSIONS & SOCIAL SECURITY

Lending Instrument

Lending Instrument Code

Modality

Facility Type

Environmental Classification

Total Cost

USD 100,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 100,000.00

Financial Information

Operation Number	Lending Type	Reporting Currency	Reporting Date	Signed Date	Fund	Financial Instrument
ATN/OC-19982-PN	Sovereign Guaranteed	USD - United States Dollar	Jul. 22, 2024	May. 8, 2023	Ordinary Capital	Nonreimbursable

Operation Number

ATN/OC-19982-PN

Lending Type: Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jul. 22, 2024
Signed Date: May. 8, 2023
Fund: Ordinary Capital
Financial Instrument: Nonreimbursable

Can’t find a document? Request information