Democratic Change (Panama)

Democratic Change (Spanish: Cambio Democrático) is a centre-right political party in Panama.

Democratic Change
Cambio Democrático
PresidentRómulo Roux
FounderRicardo Martinelli
FoundedMay 20, 1998
HeadquartersParque Lefevre, Plaza Carolina, Panama City, Panama
IdeologyConservatism
Economic liberalism
Populism
Political positionCentre-right
Regional affiliationCenter-Democratic Integration Group
Continental affiliationUnion of Latin American Parties
International affiliationInternational Democrat Union
ColoursCyan, Magenta, White
Seats in the National Assembly
18 / 71
District Mayors
27 / 81
Corregimiento Representatives
168 / 702
Seats in the Central American Parliament (Panamanian seats)
7 / 20
Party flag
Website
cambiodemocratico.org.pa

The party was founded on May 20, 1998, by Ricardo Martinelli, owner of the Super 99 supermarket chain. At the end of 2013 the party listed more than 500,000 members, making it one of Panama's two largest parties with a membership almost equal to that of the Democratic Revolutionary Party.

In the legislative elections of May 3, 2009, the party won 23.4% of the popular vote and 14 out of 78 seats. In the presidential elections of the same year, the party leader, Ricardo Martinelli, was elected President of Panama with 59.97% of the vote.

The party's candidate for the presidential elections of 2014 was José Domingo Arias who led the opinion polls but lost to then vice-president Juan Carlos Varela of the Panameñista Party.

In January 2018, Rómulo Roux was elected as president of the party in place of Martinelli, who was detained in a federal prison in Miami at that time for corruption charges. Martinelli would later leave the party in 2020 after disputes over party leadership.

This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.