Panama: 2016 article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama
Electronic Access:
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Summary:
This 2016 Article IV Consultation highlights Panama’s expected continued growth—among the strongest in Latin America—against a backdrop of low inflation, a stable financial system, and a declining current account deficit. GDP grew by 5.8 percent in 2015, and growth is projected to remain at about 6 percent in 2016 and over the medium term. The economy will be supported by the expected opening of the expanded canal and lower fuel prices. The overall fiscal deficit is expected to consolidate to 1.2 percent of GDP over the medium term. Public debt is projected as sustainable.
Series:
Country Report No. 2016/337
Subject:
Anti-money laundering and combating the financing of terrorism (AML/CFT) Banking Commercial banks Crime Financial institutions Fiscal policy Fiscal stance Public debt Revenue administration
English
Publication Date:
November 2, 2016
ISBN/ISSN:
9781475550856/1934-7685
Stock No:
1PANEA2016001
Pages:
69
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