Panama: 2017 Article IV Consultation-Press Release; and Staff Report for Panama

International Monetary Fund

No 2017/105, IMF Staff Country Reports from International Monetary Fund

Abstract: This 2017 Article IV Consultation highlights Panama’s economy as the fastest growing in Latin America over the past two decades. It 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. Economic growth moderated to 4.9 percent in 2016 in the face of external headwinds, and inflation and unemployment remain subdued but have risen slightly. Fiscal consolidation continues in line with fiscal rule targets, and public debt is sustainable. Credit growth remains strong, but has begun to slow recently. The outlook is favorable despite heightened external uncertainty.

Keywords: ISCR; CR; deficit; Panama; financing; authority; IMF staff estimate; disaster risk management program; Fondo de Ahorro; NFPS deficit; Medium-term growth prospect; Panama energy diagnostic; Anti-money laundering and combating the financing of terrorism (AML/CFT); Commercial banks; Global; Central America (search for similar items in EconPapers)
Pages: 69
Date: 2017-05-04
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=44875 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2017/105

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().