Panama Democracy and Economic Recovery Act

[AI summary unavailable — showing source text] Panama Democracy and Economic Recovery Act- Makes certain policy declarations regarding Panama, including: (1) expressing support for a civilian democratic government in Panama; (2) expressing support for a transition to democracy in Panama using multilateral initiatives and other means; (3) pledging increased U.S. drug enforcement cooperation with a Panamanian Government committed to ending drug trafficking; (4) calling for economic assistance to Panama following the departure of General Noriega; and (5) expressing support for the development and strengthening of democratic institutions in Panama following his departure. Provides for specified U.S. assistance to Panama if the President certifies to the Congress that: (1) General Noriega is no longer in power in Panama; (2) Panama has demonstrated substantial progress in instituting a civilian government; (3) the Panama Defense Forces will be subjected to civilian control; (4) major political organizations have reached agreement on conditions for free elections; (5) constitutional guarantees have been restored in Panama; (6) major political organizations have reached agreement on plans for the reorganization of the Panamanian judic…