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MIEA increase reflects the recovery process of the Panamanian economy

location_on Anatoly Gaviria

The Monthly Index of Economic Activity (IMAE) accumulated from January-June 2021 showed an increase of 4.85%, compared to the same period in 2020. This growth reflected that the economy is in a process of recovery, after the impact of the health emergency by COVID-19, according to a report from the National Institute of Statistics and […]

date_range Sep 2, 2021

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Standard & Poor’s Reaffirms Panama’s Investment Grade at BBB

location_on Anatoly Gaviria

Standard & Poor’s (S&P) reaffirmed Panama’s sovereign rating at BBB , maintaining the country’s investment grade, while the outlook changed from stable to negative, basically due to the impact of the pandemic on the economy.

date_range Aug 10, 2021

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Passenger movement increased through Tocumen International Airport

location_on Anatoly Gaviria

Tocumen International Airport reported that passenger movement increased in June by 24.9% compared to last May 2021.

date_range Jul 26, 2021

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Millicom Announces $ 250 million Investment

location_on Anatoly Gaviria

Millicom has chosen Panama as the “Fintech Hub” for the entire region with a $250 million investment.

date_range Jul 14, 2021

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Panama nominated to Tourism Oscars 2021

location_on Anatoly Gaviria

Panama has been nominated for the best “Leading Destination in the Mexico and Central America Region”, “Leading Beach Destination”, “Leading Destination for Business Travel” and “Main Nature Reserve”.

date_range Jun 24, 2021

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Panama exports surge 54.2% in first quarter

location_on Anatoly Gaviria

Panamanian exports grew 54.2% in the first quarter of 2021, after reaching a total FOB value of $ 806.3 million.

date_range Jun 8, 2021

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IMF estimates 12% growth for Panama

location_on Anatoly Gaviria

According to the IMF, the growth forecast for the Panamanian economy in 2021 is 12%, underpinned by the boost from the vaccination program, full-scale copper production and the recovery of private investment.

date_range May 20, 2021

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Moody’s reaffirms Banco General’s Baa2 rating

location_on Anatoly Gaviria

Moody’s reaffirms Banco General’s Baa2 rating, with a “Stable” outlook

date_range May 11, 2021

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CABEI and Korea will finance feasibility studies for the railway network of Line 5 of the Panama Metro

location_on Anatoly Gaviria

The studies will identify the feasibility of developing the railway network of Line 5 of the Panama Metro.

date_range Apr 12, 2021

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World Bank forecasts 9.9% growth for Panama, the second highest in the region in 2021

location_on Anatoly Gaviria

According to a new World Bank report that estimates a 9.9% growth for Panama in 2021, only surpassed by Guyana.

date_range Mar 23, 2021

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