Panama Holds Second Regional Fiscal Lottery Draw to Boost Tax Compliance

Panama's Ministry of Economy and Finance (MEF) conducted its second regional draw for the Fiscal Lottery, an initiative designed to foster a stronger tax-paying culture and combat tax evasion, particularly concerning the ITBMS (Value Added Tax).

This event marked the beginning of a new series of regionalized drawings, a strategy aimed at broadening participation and improving the odds for citizens across the country to win prizes. The draw took place at Albrook Mall and was broadcast live online, with government officials and the public in attendance.

The MEF announced the schedule for upcoming regional draws: the second regional draw on August 20 will cover Region 2 (Panama Oeste, Colón, Darién) at Westland Mall. Region 3 (Bocas del Toro, Chiriquí, Veraguas) will have its draw on August 25, followed by Region 4 (Herrera, Los Santos, Coclé) on August 27.

The Fiscal Lottery is part of the MEF's broader strategy to encourage compliance with tax obligations and boost national revenue through active citizen engagement. Prizes awarded in this second regional draw included B/. 1,000.00, B/. 5,000.00, and B/. 10,000.00 to numerous winners listed in the report.