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Foreign Investment in Panama totaled $1,611.2 million in third quarter

location_on Anatoly Gaviria

According to the Treasury General Account 2021 of the Ministry of Economy and Finance (MEF), the foreign Direct Investment (FDI) in Panama had a flow of $1,611.2 million in the third quarter of 2021, which represents an increase of 61%, that is, $610.8 million compared to the same period of the previous year.

date_range Apr 7, 2022

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Panama invests more than $460 million in projects for tourist places

location_on Anatoly Gaviria

Panama is currently investing more than $460 million in 12 infrastructure projects carried out by the Ministry of Public Works (Mop). The objective is to develop infrastructures that help boost tourism in the provinces of Chiriquí, Colón, Bocas del Toro, Coclé, Veraguas, Los Santos and Panama.

date_range Mar 21, 2022

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Real Estate Leasing Law under review

location_on Anatoly Gaviria

179 of November 16, 2020 known as “Real Estate Leasing”, that regulates the activity of financial leasing of real estate.

date_range Mar 7, 2022

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Panama maintains stable projections for 2022

location_on Anatoly Gaviria

According to Torino Economics, the subsidiary of Torino Capital Group Company, a well-known investment bank and stockbroker based in New York, Panama has experienced a significant economic expansion, with an average annual growth of 6% in the last 25 years, the largest and fastest in Latin America.

date_range Feb 18, 2022

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Panamanian exports reach historical record

location_on Anatoly Gaviria

anamanian exports accumulated a value of $3,558 million in 2021, which is 52% higher than the same period in 2020, according to the Comptroller General of the Republic of Panama.

date_range Feb 7, 2022

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Expected economic growth for Panama will be between 7.5% and 8% in 2022 according to INEC

location_on Anatoly Gaviria

Panama has been one of the countries with the best projection of economic growth for 2022 according to multiple international organizations. between 5% and 8.2%. The is also shared by the official estimates of the National Institute of Statistics and Census (INEC) which estimates a growth between 7.5% and 8%.

date_range Jan 24, 2022

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Panama will grow 7.8% in 2022 according to World Bank

location_on Anatoly Gaviria

The World Bank (WB) forecasts that the Panamanian economy will grow 7.8% in 2022 and close 2021 with an increase of 9.9%, remaining within the group of countries that lead the economies of Latin America and the Caribbean.

date_range Jan 10, 2022

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Panama’s economy grew 14.9% in 2021

location_on Anatoly Gaviria

months of 2021 according to the National Institute of Statistics and Census (INEC) of the Comptroller General of the Republic.

date_range Dec 24, 2021

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Panama seeks to become a Pharmaceutical Hub

location_on Anatoly Gaviria

The pharmaceutical sector is focusing its efforts on the national distribution and manufacture of medicines through the promotion of the production of medicines in Panama.

date_range Dec 10, 2021

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Panama’s economy grew 10% in the first half of 2021

location_on Anatoly Gaviria

Panama’s economy grew 10.0% compared to the same period of the previous year, reflecting the beginning of the recovery.

date_range Nov 25, 2021

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