Panama Staff Report for the 2004 Article IV Consultation
This 2004 Article IV Consultation for Panama reports that the medium-term outlook is encouraging, assuming implementation of the authorities' fiscal program, which should put the public debt ratio on a steadily declining path. The banking system experienced a substantial recovery in 2003-04, an...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
2006
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| Series: | IMF Staff Country Reports
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This 2004 Article IV Consultation for Panama reports that the medium-term outlook is encouraging, assuming implementation of the authorities' fiscal program, which should put the public debt ratio on a steadily declining path. The banking system experienced a substantial recovery in 2003-04, and the financial system remains essentially sound, with favorable performance indicators and a strong regulatory framework. An expansion of the Panama Canal at an estimated cost of more than 30 percent of GDP could, if approved in a national referendum, have a far-reaching impact on the economy's growth prospects |
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| Physical Description: | 70 pages |
| ISBN: | 9781451830859 |