Panama: Staff Report for the 2015 Article IV Consultation

Publication Date:

August 19, 2015

Electronic Access:

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Summary:

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.

Series:

Country Report No. 2015/237

Subject:

English

Publication Date:

August 19, 2015

ISBN/ISSN:

9781513505718/1934-7685

Stock No:

1PANEA2015001

Pages:

64

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