Panama’s economy grew 5.3% annually on average under former President Juan Carlos Varela, driven by the financial sector, infrastructure spending and revenue from the Panama Canal. The government is divided into 3 branches: executive, legislative, and judicial. The nature of coalitions within any democratic process ensures that political parties in Panama run a relatively stable form of government, ensuring a healthy blend of policies in the small republic. The executive branch is led by an elected president who serves as both the head of state and the head of the government. Legislative power is vested in the National Assembly.The Judiciary is independent of the executive and the legislature. Panama's rich history is a large part of what has lead to the country's modern day success. The revolution was engineered by a Panamanian faction backed by the Panama … Military (de facto) leaders of Panama (1968-1989)From 1968 to 1989, the commandant of the Panamanian Defense Forces (known as the National Guard until 1983) was the de facto leader of Panama.. Brigadier General Omar Torrijos: 11 October 1968 – 31 July 1981 ; Colonel Florencio Flores Aguilar: 31 July 1981 – 3 March 1982 ; Colonel Rubén Darío Paredes: 3 March 1982 – 12 August 1983 With the support of the U.S. government, Panama issues a declaration of independence from Colombia. In the 1940s, the textile garment industry paid men paid between $15 to $20 a week, and women received only between $ 5 … Panama - Politics. Manuel Noriega, in full Manuel Antonio Noriega Morena, (born February 11, 1938, Panama City, Panama—died May 29, 2017, Panama City), Panamanian military leader, commander of the Panamanian Defense Forces (1983–89), who, for the years of his command, … 3. Marta Matamoros was a labor rights leader in Panama. Military (de facto) leaders of Panama (1968–1989)Panama was from 1968–1989 de facto controlled by a military junta which appointed the nominal president, who himself had little power, while the junta and its leaders, while not official heads of state, exerted actual control over the country. Torrijos dedicated his government to achieving sovereignty for the Panamanian people. Panama's vice-president and a former ally of outgoing president Ricardo Martinelli, Mr Varela won a clear majority and easily defeated the president's … The Panama Papers is a leakage of sensitive documents detailing how political world leaders, celebrities, athletes, FIFA officials and so on, have hid … Marta Matamoros. The politics of Panama take place in a framework of a presidential representative democratic republic with multi-party system, whereby the President of Panama is both head of state and head of government.. Executive power is exercised by the president. Panama is now a constitutional representative democracy. Political culture traditionally characterized by personalism (personalismo), the tendency to give one's political loyalties to an individual rather than to a party or ideology.