## Panama: Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama

_IMF Staff Country Reports, February 3, 2021_

## Source details

**Canonical URL:** [Panama: Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama](https://www.imf.org/en/publications/cr/issues/2021/02/02/panama-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-press-release-50059)

## Other formats

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## Bibliographic details
- Published: February 3, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513568294.002

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### Overview
- Publication type: IMF Staff Country Reports
- Date: February 3, 2021
- Summary: While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based economy that is highly integrated in the world economy and exposed to extreme shocks during the pandemic.
- Subjects: COVID-19, Credit, Debt service, External debt, Health, Money, Public debt
- Keywords: address COVID-19 pandemic, Caribbean, Central America, COVID-19, CR, Credit, Debt service, economic recovery effort, Executive Board discussion, Global, ISCR, liquidity position, market confidence, Panama's quota, Panama's request, PFM system, Western Hemisphere

### Major findings and context
- Panama's historical performance: growing 6 percent on average over the last three decades.
- Pandemic impact: Panama's service-based and highly internationally integrated economy is exposed to extreme shocks during the COVID-19 pandemic.
- Liquidity and market considerations referenced: liquidity position, market confidence (keywords indicate focus areas).

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- **1panea2021001**
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_Source: https://www.imf.org/en/publications/cr/issues/2021/02/02/panama-request-for-an-arrangement-under-the-precautionary-and-liquidity-line-press-release-50059_