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Panama Economy

panama pandemic update
June 14, 2020
Panama Pandemic Update
UPDATE June 17th.  Panama announced that international flights will resume July 23rd.  But honestly, they have announced dates before and they have been changed. I would not count on...
Visit Panama
July 4, 2016
What’s Going On In Panama?
The future for Panama looks very bright!  Panama is a safe haven with a growing economy which attracts investments and foreign immigration.  Panamanians, and foreigners,  are very optimistic about...
U.S. Dollar
April 9, 2015
Living in a “Dollar” Economy
A question that comes up often during the tours is if I’m concerned about living in Panama since it uses the U.S. dollar.  The “official” currency of Panama is...
Fitch Ratings
March 15, 2014
Fitch Affirms that Panama’s Economy Remains Stable
From Reuters Article NEW YORK, March 07 (Fitch) Fitch Ratings has affirmed Panama’s ratings as follows: –Long-term foreign currency IDRs at ‘BBB’; Outlook Stable; –Long-term local currency IDRs at...
May 25, 2013
U.S. Ports Seek to Lure Big Ships After The Panama Canal Expansion
Panama’s economy is strong.  Their GDP ,the Gross Domestic Product, an estimate of total wealth of a nation). 2012’s annual growth 10.5% rate 7th place globally (for comparison, the...