Law 24-2001 Special Fund for Contingency Credits (FECC)

Panamanian law creating the Special Fund for Contingency Credits (FECC), aimed at providing financing to agricultural producers affected by adverse weather conditions, abrupt market price declines, or other contingencies impacting national production. The law establishes special credit mechanisms administered by the Agricultural Development Bank and the National Bank of Panama, as well as a commission responsible for determining the impacts and losses suffered by beneficiary producers.