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Bank financial soundness indicators are solid, with high levels of capitalization and low nonperforming loan rates. Among other measures, they include broadening of the tax base, changes to dividend taxation, an increase in the value-added tax, lower personal and corporate income tax rates, and...
Persistent link: https://www.econbiz.de/10014402312
Under the Stand-By Arrangement, Panama has achieved good economic performance owing to its strong financial reform and …
Persistent link: https://www.econbiz.de/10014406594
Strong economic fundamentals helped Panama contain the adverse impact of the global economic downturn and financial … turmoil. The 2009 Article IV Consultation highlights that real GDP of Panama in 2008 grew by 9.2 percent. Panama’s large … banking system has weathered the global financial crisis relatively well. Executive Directors have noted that Panama is facing …
Persistent link: https://www.econbiz.de/10014406843
Consultation discussions with Panama. The paper presents an overview of economic developments since 1998. The study summarizes the … financial and economic aspects of the operation of the Panama Canal, and discusses the economic impact of the reversion of the … Canal and its adjacent areas to Panama. The paper also analyzes the progress of bank supervisory reform, and describes …
Persistent link: https://www.econbiz.de/10014407389
This 2004 Article IV Consultation for Panama reports that the medium-term outlook is encouraging, assuming … performance indicators and a strong regulatory framework. An expansion of the Panama Canal at an estimated cost of more than 30 …
Persistent link: https://www.econbiz.de/10014401555
This Selected Issues paper for Panama reports that the administration is developing a strategy to enhance growth and … public sectors in Panama at various levels of decision making. Even though Panama currently attracts substantial foreign … important component of Panama's medium-term strategy is the prospect of a free-trade agreement with the United States …
Persistent link: https://www.econbiz.de/10014401556
de Seguro Social or CSS's actuarial situation. The paper describes Panama's social security system, which consists of the …
Persistent link: https://www.econbiz.de/10014401710
with Panama. It presents an overview of economic developments in Panama during 1995, focusing on areas of interest in … Panama’s medium-term economic strategy. It describes the changes in labor legislation aimed at increasing labor market …
Persistent link: https://www.econbiz.de/10014397557
The 2011 Article IV Consultation reports that Panama’s economy has rebounded strongly from the 2009 slowdown, and is … percent of GDP, and rating agencies have placed Panama’s sovereign debt one notch above investment grade. The neutral fiscal …
Persistent link: https://www.econbiz.de/10014396642
with Panama. It focuses on areas of interest in Panama’s medium-term economic strategy, and gives a broad overview of … reform of the financial sector; reversion of the Canal Zone areas to Panama; and analysis of key elements of the economic …
Persistent link: https://www.econbiz.de/10014398677