The National Assembly of Panama is the legislative body of the Republic of Panama. It consists of 71 members known as deputies, who are elected for five-year terms. The Assembly is responsible for creating laws, approving the national budget, and overseeing the executive branch. The Assembly meets in the capital city, Panama City, and operates in a unicameral system, meaning there is only one legislative chamber. It plays a crucial role in the democratic governance of Panama, ensuring representation and accountability within the government.