IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL5.51▼ 0.03% USD/MXN18.59▼ 0.19% USD/CLP 975.74 — 0.00% USD/COP 3,240 — 0.00% USD/PEN3.44▲ 0.02% USD/ARS1,545▼ 0.03% USD/UYU 40.31 — 0.00% USD/PYG 6,358 — 0.00% USD/BOB 11.81 — 0.00% USD/DOP60.63▲ 0.07% USD/CRC 448.27 — 0.00% USD/GTQ 7.64 — 0.00% USD/HNL 26.88 — 0.00% USD/NIO 36.62 — 0.00% USD/VES895.29▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.99▲ 0.10% USD/TTD6.72— 0.00% EUR/BRL6.14▲ 0.21% BRENT 96.87 ▼ 1.47% WTI 89.97 ▼ 0.95% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.70% GOLD 4,126 ▲ 1.24% SILVER 52.65 ▲ 1.64% SOY 1,197 ▲ 0.69% CORN 441.50 — 0.00% WHEAT 589.00 ▼ 0.38% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00% IBOV 168,498.45 ▲ 1.39% IPC MEX 71,393.57 ▲ 0.43% MERVAL 2,848,945 — — USD/BRL 5.51 ▼ 0.03% USD/MXN 18.60 ▼ 0.17% USD/CLP 975.74 — 0.00% USD/COP 3,240 — 0.00% USD/PEN 3.44 ▲ 0.02% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.31 — 0.00% USD/PYG 6,358 — 0.00% USD/BOB 11.81 — 0.00% USD/DOP 60.63 ▲ 0.07% USD/CRC 448.27 — 0.00% USD/GTQ 7.64 — 0.00% USD/HNL 26.88 — 0.00% USD/NIO 36.62 — 0.00% USD/VES 895.29 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.99 ▲ 2.78% USD/TTD 6.72 ▲ 2.44% EUR/BRL 6.14 ▲ 0.21% BRENT 96.87 ▼ 1.47% WTI 89.97 ▼ 0.95% IRON ORE 161.91 — — COPPER 6.32 ▲ 1.70% GOLD 4,126 ▲ 1.24% SILVER 52.65 ▲ 1.64% SOY 1,197 ▲ 0.69% CORN 441.50 — 0.00% WHEAT 589.00 ▼ 0.38% COFFEE 280.15 ▲ 1.08% SUGAR 18.25 ▼ 1.67% ORANGE JUICE 130.55 ▲ 1.63% COTTON 78.54 ▼ 0.22% COCOA 5,119 ▼ 1.20% BEEF 214.05 ▼ 0.16% CATTLE 318.38 ▼ 2.05% LITHIUM 60.91 ▲ 1.21% PETR4 45.36 — 0.00% VALE3 64.04 — 0.00% ITUB4 40.53 — 0.00% BBDC4 14.20 — 0.00% ABEV3 15.48 — 0.00% BBAS3 17.13 — 0.00% B3SA3 14.39 — 0.00% WEGE3 48.19 — 0.00% PRIO3 60.48 — 0.00% SUZB3 53.40 ▲ 2.12% RENT3 30.29 — 0.00% AZZA3 14.76 ▲ 4.98% CSAN3 2.77 — 0.00% RAIZ4 28.00 ▲ 2.56% PCAR3 2.40 ▲ 0.42% GMAT3 3.80 — 0.00% PSSA3 44.35 ▲ 1.46% CVCB3 0.84 ▲ 2.44% POSI3 3.09 ▼ 0.64% SLCE3 16.61 ▲ 1.59% NATU3 5.17 — 0.00% BRKM5 3.20 — 0.00% RANI3 8.53 ▲ 0.83% CSNA3 4.41 — 0.00%
since 2009
Monday, November 9, 2026

Panama Latin America

Panama Quake Survivors Told to Be Patient

By · · 4 min read
A rural house with a clay-tile roof in Pesé, Herrera province, Panama
A rural house with a clay-tile roof in Pesé, Herrera province, Panama. File photo from before the quake. Photo: Olmedo Carrasquilla, CC BY-SA 3.0, via Wikimedia Commons.

One month after the earthquake of Friday 9 October 2026, Panama’s government is asking survivors for patience while it plans at least 2,700 new homes. For Macaracas, a district in Los Santos province on the Azuero peninsula in south-central Panama, we found no published rebuilding schedule.

Panama is home to the Panama Canal and to a large foreign community, so the pace of recovery matters for travel, property and business plans. The first homes are targeted for before the end of 2026.

  • What: President José Raúl Mulino asked quake survivors for patience on 4 November 2026.
  • Plan: at least 2,700 homes, after 1,400 more were ordered on 27 October 2026.
  • Timeline: first homes targeted before end-2026; more than 2,000 by March 2027, say officials.
  • Scale: more than 13,000 homes were inspected nationwide by 27 October 2026.
  • Power Index: Panama ranks 11th of 14 in The Rio Times Latin America Power Index, with 33.3 points (November 2026 edition).
  • As of 9 November 2026, 06:00 GMT

In plain English: The housing ministry (Miviot, or Ministerio de Vivienda y Ordenamiento Territorial) is led by Minister Jaime Jované. The Comptroller General is the state audit office, and the Banco Nacional de Panamá is the state-owned bank.

What the Government Has Promised

Speaking on Wednesday 4 November 2026, Mulino said survivors remain in the government’s thoughts and asked for trust and patience as work advances. He said the aim is to hand over the first homes before the end of 2026 so that families can leave the shelters.

The new homes will be permanent and built to resist future quakes. Families will stay in temporary housing next to their own plots while the land is cleared of rubble, according to Jované.

On Tuesday 27 October the president said the state would build 1,400 homes on top of 1,300 already under construction, for 2,700 in total. The homes will go up in Coclé, Veraguas, Herrera and Los Santos, and the total will grow as inspections continue.

How the Money Is Moving

Trusts at the Banco Nacional de Panamá and the Caja de Ahorros savings bank can now finance the contractors. A working group of the Comptroller General, the Economy Ministry and the Banco Nacional was to start on 28 October, with the housing ministry invited, to cut red tape.

Jované said more contractors have been signed up, and that the aim is to finish more than 2,000 of the planned homes by March 2027. See our earlier reports on the two reconstruction trusts and the credit line for quake-hit firms.

What We Know About Macaracas

Early reports of 15 October said residents of Macaracas and Llano de Piedra had lost their homes, and described damage to police and fire stations, a rural hospital and schools. We do not have a confirmed count of damaged homes in the district.

Official announcements so far cover the four provinces as a whole. We found no published rebuilding schedule specific to Macaracas.

What It Means for You

Homeowners and renters in affected areas should register their damage with the housing ministry and keep photos and documents. Visitors to the Azuero region should check conditions locally before travelling.

Investors and insurers should note that the dates are government targets, not guarantees. Delays are possible when thousands of homes are built at once.

What Is Not Known

We do not know how many Macaracas families are on the rebuilding list or when work will start in the district. It is also unclear whether tenants who lost rented homes qualify for a new house.

Frequently Asked Questions

How many homes is Panama building after the quake?

The government plans at least 2,700 homes, after the president ordered 1,400 more on 27 October 2026. The total may rise as inspections continue.

When will the new homes be ready?

The president aims to hand over the first homes before the end of 2026. The housing minister aims to finish more than 2,000 of the planned homes by March 2027.

Where did the 9 October earthquake do most damage?

The Azuero region, including Los Santos, was among the hardest hit. New homes are planned in Coclé, Veraguas, Herrera and Los Santos.

Sources: Panama’s Presidency, press conferences of 27 October and 4 November 2026, and statements by Housing Minister Jaime Jované; early local reports from Macaracas of 15 October 2026.

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This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. How we use AI · Report an error

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