On June 29, 2026, the Ministry of Economy and Finance announced that 34 public entities are participating in the third phase of the Executive Training Program on Results‑Based Budgeting at Level 3. The program, aimed at enhancing the technical capacities of public servants, seeks to improve state management by focusing on outcomes that directly impact citizens' quality of life. Minister Felipe Chapman highlighted that the initiative builds on previous phases and reflects the government’s commitment to modernizing public administration through evidence‑based budgeting practices. Participants will receive specialized training covering financial planning, performance assessment, and accountability mechanisms. The curriculum integrates international best practices and is designed to align with the country’s broader fiscal reform agenda. By strengthening the skills of a wide range of public officials, the Ministry expects to increase the efficiency of public spending, reduce waste, and ensure that resources are allocated to projects delivering measurable social and economic benefits. The program also includes monitoring and evaluation components to track progress and adjust strategies as needed. This effort underscores the government’s emphasis on transparency, performance, and results orientation within the public sector, positioning Panama as a regional leader in public financial management.