THBT Panama should replace the US dollar with its own independent currency.
Panama, the host country, has used the US dollar as legal tender since 1904; its own balboa exists only as coins. Without its own currency, Panama cannot set its own interest rates or print money in a crisis.
A national currency would let Panama respond to its own recessions instead of following decisions made in Washington for the US economy.
The dollar gives Panama low inflation, cheap borrowing and the trust that built its banking hub. A new currency would invite politicians to print money.