Panama's Milagro Fund receives $20M donation from Grupo Urbina for earthquake reconstruction

Panama's government, led by President Abelardo de la Espriella, announced a $20 million donation from Grupo Urbina's president, Nickolay Urbina, to the Milagro Fund for reconstruction after the August 10 earthquake. The donation signals private-sector support for disaster recovery, but details on fund allocation and oversight remain unclear. This is a notable political development as it highlights government-private sector collaboration in a post-disaster context.