Mulino's three closest rivals conceded defeat as he held a significant lead with nearly 35% of the votes, securing a nine-point advantage.

The 64-year-old former security minister stepped in as a candidate after Martinelli was barred from running due to a 10-year prison sentence for money laundering. Addressing supporters, Mulino exclaimed, "Mission accomplished," emphasizing the weight of his new role.

Riding on Martinelli's popularity and the economic prosperity witnessed during his tenure, Mulino clinched victory in what has been described as one of Panama's most tumultuous elections. However, challenges await the incoming president, including a sluggish economy, historic levels of migration, and environmental concerns such as a drought affecting transit through the Panama Canal.

Despite these hurdles, Mulino's victory underscores the significance of the election, with a record turnout of over 77% of eligible voters casting their ballots. With no runoff system in place, Mulino secured victory under the Achieving Goals and Alliance parties, defeating anti-corruption candidate Ricardo Lombana and other contenders.

As Mulino prepares to assume office, questions linger about his ties to Martinelli and his ability to address Panama's pressing issues independently. Nonetheless, many voters, like Juan José Tinoco, were drawn to Mulino's promises of economic prosperity, overlooking past corruption scandals.

Moving forward, Mulino faces the daunting task of revitalizing the economy, grappling with environmental challenges, and addressing citizen discontent. Panama's future hangs in the balance as its new leader embarks on a journey fraught with formidable obstacles. (ILKHA)