Panama : Staff Report for the 2004 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

January 6, 2006

Electronic Access:

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Summary:

This 2004 Article IV Consultation for Panama reports that the medium-term outlook is encouraging, assuming implementation of the authorities’ fiscal program, which should put the public debt ratio on a steadily declining path. The banking system experienced a substantial recovery in 2003–04, and the financial system remains essentially sound, with favorable performance indicators and a strong regulatory framework. An expansion of the Panama Canal at an estimated cost of more than 30 percent of GDP could, if approved in a national referendum, have a far-reaching impact on the economy’s growth prospects.

Series:

Country Report No. 06/7

Subject:

English

Publication Date:

January 6, 2006

ISBN/ISSN:

9781451830859/1934-7685

Stock No:

1PANEA2006002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

70

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