Panama : 2009 Article IV Consultation: Staff Report; Staff Statement and Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Panama

Author/Editor:

International Monetary Fund

Publication Date:

July 13, 2009

Electronic Access:

Free Full text (PDF file size is 1298 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Strong economic fundamentals helped Panama contain the adverse impact of the global economic downturn and financial turmoil. The 2009 Article IV Consultation highlights that real GDP of Panama in 2008 grew by 9.2 percent. Panama’s large banking system has weathered the global financial crisis relatively well. Executive Directors have noted that Panama is facing the global economic crisis from a position of strength. Directors have also commended the authorities for the fiscal consolidation of recent years and the associated rapid decline in the public debt-to-GDP ratio.

Series:

Country Report No. 09/207

Subject:

Frequency:

Quarterly

English

Publication Date:

July 13, 2009

ISBN/ISSN:

9781451830910/1934-7685

Stock No:

1PANEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

59

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