Poor, Elderly Panamanians to Receive first Government Bonus Next Week
Story La Prensa
Septuagenarians and their elders will have a little extra pin money as of next Tuesday, when the government will issue checks to 20,000 elderly citizens as part of the "$100 to 70" program pledged by President Ricardo Martinelli during his campaign earlier this year.
Treasury Director Alcibiades García announced that the Ministry of Economy and Finance transferred $6 million to the Ministry of Social Development to realize the retroactive payments for the months of July and August as well as September.
The program offers a monthly stipend of $100 to those Panamanians 70-years-old and up who don't receive retirement or pension benefits.
The law prohibits the money's use for the purchase of alcohol or illegal drugs.
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