Panama: Staff Report for the 2015 Article IV Consultation
August 19, 2015
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This 2015 Article IV Consultation highlights that Panama’s economic performance is expected to remain strong. Real GDP slowed to 6.2 percent in 2014, reflecting a slower pace of public investment, continued weakness in Colón Free Zone activity, and delays in the Canal expansion. Growth is expected to remain stable in 2015. Lower oil prices and the U.S. recovery will be positive forces but these factors will be offset by U.S. dollar appreciation and some lags in new public investment. Over the medium term, the expanded Canal and the new copper mine should help maintain growth at 6–7 percent.
Subject: Anti-money laundering and combating the financing of terrorism (AML/CFT), Crime, Economic sectors, Government debt management, Public debt, Public financial management (PFM), Public sector, Revenue administration
Keywords: Anti-money laundering and combating the financing of terrorism (AML/CFT), authorities project, authority, bearer shares law, Caribbean, Central America, CR, deficit, GDP figure, Global, government, Government debt management, ISCR, NFPS deficit, Panama, private sector, Public sector, staff GDP ratio, Superintendencia de Bancos de Panamá
Pages:
64
Volume:
2015
DOI:
Issue:
237
Series:
Country Report No. 2015/237
Stock No:
1PANEA2015001
ISBN:
9781513505718
ISSN:
1934-7685
