Panama City’s MiBus public transportation system has warned that a lack of sufficient funds jeopardizes the planned purchase of 120 new buses for 2027. The company initially requested a budget of $180 million, but the Ministry of Economy and Finance (MEF) recommended an allocation of only $160 million. This shortfall presents a significant obstacle to modernizing the fleet and expanding service. MiBus is also currently facing challenges related to the cost of spare parts and increasing fuel expenses, further compounding the financial difficulties. The company stated the reduced budget could impact its operational capacity and ability to meet the transportation needs of Panama City residents. Officials are hoping for a resolution to ensure the planned bus acquisition can proceed as scheduled, mitigating potential disruptions to public transport. The situation highlights the ongoing financial strains affecting public services in Panama City.