Panama: Staff Report for the 2015 Article IV Consultation

International Monetary Fund

No 2015/237, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2015 Article IV Consultation highlights that Panama’s economic performance is expected to remain strong. Real GDP slowed to 6.2 percent in 2014, reflecting a slower pace of public investment, continued weakness in Colón Free Zone activity, and delays in the Canal expansion. Growth is expected to remain stable in 2015. Lower oil prices and the U.S. recovery will be positive forces but these factors will be offset by U.S. dollar appreciation and some lags in new public investment. Over the medium term, the expanded Canal and the new copper mine should help maintain growth at 6–7 percent.

Keywords: ISCR; CR; deficit; private sector; authority; Panama; government; Superintendencia de Bancos de Panamá; authorities project; GDP figure; staff GDP ratio; bearer shares law; NFPS deficit; Anti-money laundering and combating the financing of terrorism (AML/CFT); Public sector; Government debt management; Global; Central America; Caribbean (search for similar items in EconPapers)
Pages: 64
Date: 2015-08-19
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Citations: View citations in EconPapers (29)

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