The Panama Metro reported that it has begun the construction of the first station of Line 3, which will link Panama with Panama Oeste, located in Ciudad del Futuro, in the district of Arraiján.
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 […]
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.
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”.
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.