{
  "title": "Panama: Staff Report for the 2015 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 19, 2015",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/panama-staff-report-for-the-2015-article-iv-consultation-43208",
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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.",
  "publishDate": "2015-08-19",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- The 2015 Article IV Consultation finds that Panama’s economic performance is expected to remain strong.\n- Real GDP slowed to 6.2 percent in 2014.\n- Growth is expected to remain stable in 2015."
    },
    {
      "heading": "Growth performance and drivers",
      "content": "- 2014 slowdown to 6.2 percent reflected:\n  - A slower pace of public investment.\n  - Continued weakness in Colón Free Zone activity.\n  - Delays in the Canal expansion.\n- Near-term factors influencing growth in 2015:\n  - Positive: Lower oil prices and the U.S. recovery.\n  - Negative/offsetting: U.S. dollar appreciation and some lags in new public investment."
    },
    {
      "heading": "Medium-term outlook",
      "content": "- Over the medium term, the expanded Canal and the new copper mine should help maintain growth at 6–7 percent."
    },
    {
      "heading": "Risks and offsets",
      "content": "- Offsetting influences on growth include:\n  - U.S. dollar appreciation.\n  - Implementation lags in public investment projects.\n- Positive external factors noted:\n  - Lower oil prices.\n  - U.S. economic recovery."
    },
    {
      "heading": "Policy areas and subjects covered",
      "content": "- Anti-money laundering and combating the financing of terrorism (AML/CFT)\n- Crime\n- Economic sectors\n- Government debt management\n- Public debt\n- Public financial management (PFM)\n- Public sector\n- Revenue administration\n- Additional keywords appearing in the report metadata: 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"
    },
    {
      "heading": "Key statistics and publication facts",
      "content": "- Pages: 64\n- Volume: 2015\n- Issue: 237\n- Series: Country Report No. 2015/237\n- DOI: https://doi.org/10.5089/9781513505718.002\n- Stock No: 1PANEA2015001\n- ISBN: 9781513505718\n- ISSN: 1934-7685\n- Publication date shown on page: August 19, 2015\n\nSource: Panama: Staff Report for the 2015 Article IV Consultation\n\n---\n\n Content in this bundle\n\n- cr15237\n  - cr15237 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr15237 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/panama-staff-report-for-the-2015-article-iv-consultation-43208"
    }
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    "Published: August 19, 2015",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513505718.002",
    "The 2015 Article IV Consultation finds that Panama’s economic performance is expected to remain strong.",
    "Real GDP slowed to 6.2 percent in 2014.",
    "Growth is expected to remain stable in 2015.",
    "2014 slowdown to 6.2 percent reflected:",
    "Near-term factors influencing growth in 2015:",
    "Over the medium term, the expanded Canal and the new copper mine should help maintain growth at 6–7 percent.",
    "Offsetting influences on growth include:",
    "Positive external factors noted:",
    "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",
    "Additional keywords appearing in the report metadata: 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",
    "Issue: 237",
    "Series: Country Report No. 2015/237",
    "DOI: https://doi.org/10.5089/9781513505718.002",
    "Stock No: 1PANEA2015001",
    "ISBN: 9781513505718",
    "ISSN: 1934-7685",
    "Publication date shown on page: August 19, 2015",
    "**_cr15237**"
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