Expressing the sense of the Congress with respect to multilateral action in rescheduling the payments required on sovereign debt of Panama and cooperation in establishing a comprehensive program to facilitate the political and economic recovery of Panama.

Calls upon: (1) the U.S. Government to reschedule payments due to the United States on the sovereign debt of Panama; (2) the President to urge all governments holding sovereign debt of Panama to adopt a generous program for rescheduling payments due; and (3) the President to consult with the member governments of the Organization for Economic Cooperation and Development on the establishment of a comprehensive, multiyear program to facilitate an enduring economic recovery, and the institutionalization of political democracy, in Panama.