Panama among the most stable economies in Latin America
It is the conclusion reached by the mission of the International Monetary Fund that ended a visit last Friday June 1st
The International Monetary Fund, the IMF, ended its visit to Panama last Friday, June 1st. The mission that analyzed the various aspects of the economy of the Central American country reached positive conclusions when determining that it is among the most stable and dynamic economies in the region.
Despite the adverse events caused by the prolonged strike of the construction sector, Panama is emerging as one of the countries with the best options to invest, both at the company and individual level. ECLAC had already estimated in April of this year that the country would record the highest growth rate in 2018.
The situation has not changed despite aspects such as financial dynamics, tariff impositions and geopolitical risks. On the contrary, the growth projections remain, even though it is a modest index, which according to ECLAC could be at 3.6%.
Internal analysts and representatives of the Ministry of Finance are keeping an eye on the effects on the Panamanian economy of the tightening of US policies in addition to the dynamics of international maritime traffic through the canal.
Other aspects that are analyzed internally are tax and fiscal legislation, the reduction of crime in the country and the implementation of policies to boost investment.
M. Pino
Source: Telemetro.com
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