23. Is there a ban on political parties engaging in commercial activities?
Panama
Source: Artículo 110, Código Electoral de Panamá, 2022. Article 110, Electoral Code of the Republic of Panama, 2022.
(ES)
Artículo 110. Los partidos políticos son asociaciones con personería jurídica y, en tal condición, tienen los derechos siguientes:
1. Adquirir y tener en propiedad bienes muebles e inmuebles y administrar y disponer de estos.
2. Realizar actos y contratos de acuerdo con el derecho común.
3. ...
(EN)
Article 110. Political parties are associations with legal personality and, as such, have the following rights:
1. To acquire and own movable and immovable property and to administer and dispose of it.
2. To perform acts and contracts in accordance with common law.
3. ...
Available at: https://www.gacetaoficial.gob.pa/pdfTemp/29482_A/GacetaNo_29482a_20220222.pdf
There is no explicit ban. The Electoral Code grants political parties, as legal entities, the right to acquire and dispose of property (Art. 110.1) and to perform acts and contracts under common law (Art. 110.2), which allows for commercial engagement.