Martin Torrijos is the son of General Omar Torrijos, a fondly remembered former son of Panama; and now the world will address him by his new title, President.

Newly elected President Martin Torrijos has an economics degree from Texas A & M University. He has promised jobs, better relations with Cuba and a referendum proposing an $8 billion expansion of the Panama Canal. Torrijos also promised an honest, investor-friendly government with concerns for the poor.

He reminded Panamanians that public finances were "in a deplorable state whose magnitude we have not yet begun to discover"; and that "we are not going to satisfy all of the expectations of the people immediately".

His new government definitely has its hands full. Even though its economy has grown 7% over the last 18 months because of a Swiss-like banking system, and a large free-trade zone, his predecessor Mireya Moscoso’s government didn’t keep pace. It couldn’t make its payroll and it’s generous social security and pension system is heading towards bankruptcy.

Torrijos didn’t hide his feedings towards his predecessor, Mireya Moscoso. He described her term "5 years of wasted opportunities……We receive a country full of youth without hopes". He also criticized Moscoso for the recent pardon of 4 Cuban exiles who were accused by the Cuban government of plotting to kill Cuban President Fidel Castro at the 2000 summit in Panama.

Torrijos' late father, Omar Torrijos, is most fondly remembered for signing a deal with then-President Carter that created the handover of the Panama Canal from U.S. hands to Panamanian authority; commenting: "He showed us that it was possible to achieve independence with dignity and bravery".

Torrijos also mentioned that negotiations with the United States, improved relations with both Cuba and Venezuela are governmental priorities. Cuba had previously broke off relations and Venezuela had recalled its ambassador.
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