Revitalize economic activity in Panama through a focus on productive sectors and micro, small and medium enterprises (MSMEs) -MPTF/UNDP

The proposal will focus on three outcomes, with specific outputs under each, in line with activity 3.1 of the SERP which focuses on sustainable reactivation of the economy with a focus on rural production and MSMEs. This proposal is GEN2, as gender considerations are a significant part of its design and expected results. The theory of change notes that rural communities and MSMEs represent two fundamentals yet neglected sectors that are critical to Panama’s Covid-19 response and recovery plan. To “recover better together” and address deep-rooted inequalities, rural poverty needs to be addressed through more sustainable production practices and urban poverty needs to be addressed through safe and inclusive employment. Improvement of food and nutritional security and economic reactivation of family farmers is expected through the effective implementation of the Family Farming Law and the Law that created the Study Without Hunger Program, within the framework of Panama's response to Covid-19. An improvement in the outcome indicators on food and nutritional security is also expected. Entrepreneurs of MSMEs should enjoy greater access to financial services and technical support through the proposal and thereby generate more employment. Employment rates in urban zones are therefore also expected to improve, something which will have a knock-on effect in diminishing the spread of Covid-19 in urban poor neighborhoods where informal workers predominantly live.

Project symbol

PAN/21/50/UND

Admin unit

DWT/CO-San Jose

Start date

22/11/2021

End date

30/06/2022

Total allocation

212500

Total expenditure

Status

Closed

187356

Development Partners

Multi Partner Trust Fund Office, UNDP

Country/Countries

Panama

Outcomes

Outcome 1: Strong tripartite constituents and influential and inclusive social dialogue
Outcome 7: Adequate and effective protection at work for all