Panama: Staff Report for the 2004 Article IV Consultation

January 6, 2006

Preview Citation

Format: Chicago

Panama: Staff Report for the 2004 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This 2004 Article IV Consultation for Panama reports that the medium-term outlook is encouraging, assuming implementation of the authorities’ fiscal program, which should put the public debt ratio on a steadily declining path. The banking system experienced a substantial recovery in 2003–04, and the financial system remains essentially sound, with favorable performance indicators and a strong regulatory framework. An expansion of the Panama Canal at an estimated cost of more than 30 percent of GDP could, if approved in a national referendum, have a far-reaching impact on the economy’s growth prospects.

Subject: Commercial banks, Economic sectors, Financial institutions, Fiscal policy, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM), Public sector

Keywords: Africa, Caribbean, Central America, Commercial banks, CR, Deficit, Estimate, Global, Investment environment, ISCR, Nonfinancial public sector deficit, Panamanian authorities, PFM legal and regulatory frameworks, Public sector, South America, Staff appraisal, Staff report estimate, Staff's estimate

Publication Details

Pages:

70
Volume:

---
DOI:

---
Issue:

---
Series:

Country Report No. 2006/007
Stock No:

1PANEA2006002
ISBN:

9781451830859
ISSN:

1934-7685

FACTSHEETS

RESOURCES

TOPICS

Flagship Publications

Other Publications

IMF reports and publications by country

Regional Offices

All News

See Also

For Journalists

Press Center

RESOURCES

FLAGSHIPS

KEY SERIES

IMF NOTES

IMF Staff Country Reports