Fondo de Ahorro de Panamá (FAP) is Panama’s sovereign wealth fund, established in 2012 under Law 38. It serves as a long-term savings mechanism and an economic stabilization tool, replacing the earlier Trust Fund for Development. The fund focuses on building intergenerational wealth and reducing reliance on debt during economic crises. It operates under an independent trust structure, ensuring professional management and adherence to international transparency standards. FAP is governed by a trust contract between Panama’s Ministry of Economy and Finance and the National Bank of Panama, with oversight from a Supervisory Commission. The fund publishes audited financial statements and annual reports, demonstrating compliance with global best practices. Its sole beneficiary is the Republic of Panama, emphasizing national economic resilience and public financial security. Celebrating a decade of operations in 2023, FAP is recognized as a strategic economic pillar in the country.