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Substantial economic growth Panama in 2017

May 08, 2017

According to the International Monetary Fund Panama's economic growth will increase slightly to 5.1% in 2017, and about 5.5% in the medium term, supported by the expanded Canal and developing investment projects. 

Panama’s economy has been the fastest growing in Latin America over the last two decades and is expected to remain among the most dynamic in the region, with stable and low inflation, sustainable public debt, a declining current account deficit, and a stable financial sector.
Its economy is expected to remain among the most dynamic in the region. The economic outlook is favorable, albeit set against the backdrop of heightened external uncertainty. Panama’s growth model relies on its ability to remain a competitive and attractive destination for international financial, business, and transportation services.
Growth is expected to remain among the highest in the region, with stable and low inflation, sustainable public debt, and a declining current account deficit.

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