Panama is set to welcome a new leader as conservative José Raúl Mulino emerges as the front-runner in the presidential election, according to preliminary results. Mulino, who stepped in for former president Ricardo Martinelli, who was convicted of money laundering, secured 34 percent of the vote with 92 percent of the ballots counted.
The unexpected rise of Mulino, a lawyer-turned-politician and former security minister, comes as a surprise to many, as he did not participate in any presidential debates leading up to the election. However, with the support of Martinelli, Mulino managed to secure a significant lead over outsider anti-corruption candidate Ricardo Lombana.
Mulino has promised to focus on building a new cross-country train line, revitalizing the economy, and addressing the issue of record migration from South America. His campaign slogan, “Less ‘blah blah blah’, more public works, progress and money in your pocket,” resonated with voters who are eager for change.
The incoming president will inherit a country facing economic challenges, including a sharp slowdown in GDP growth, downgraded bonds, and urgent need for pension system reform. Mulino’s proposals for large infrastructure projects have garnered attention, with experts suggesting that forming a national unity government could help build confidence and address the country’s pressing issues.
As Panama awaits the final election results, the focus remains on how Mulino will navigate the complex economic and social landscape of the country. With Martinelli still a prominent figure in Panamanian politics, Mulino’s next steps in handling his former mentor will be closely watched.