fondo de ahorro de panama

The Fondo de Ahorro de Panamá (FAP) is Panama's sovereign wealth fund, created by Law 38 of June 5, 2012. Its primary mission is to serve as a mechanism for long-term national savings and to stabilize the economy during states of emergency or economic slowdowns. The fund is capitalized primarily through contributions from the Panama Canal Authority when its revenues exceed a certain percentage of the nation's GDP. The FAP invests its assets globally across various asset classes with the goal of preserving and increasing the nation's wealth for the benefit of current and future generations of Panamanians.