The World Bank in Panama

Panama's growth is projected to be 5.7 percent in 2023. The main challenge is to reduce inequalities that especially affect women, Afro-descendants and Indigenous peoples

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PRESS RELEASE

TIME FOR GREEN GROWTH IN PANAMA

This project will support climate-change tagging in public expenditures, fostering resilience and an inclusive development model

Ricardo Moreno/GWP Panama project
Report

Migration, a tool for fostering countries' prosperity

Populations across the globe are aging at an unprecedented pace. Migration could help counter some of the negative effects of this phenomenon.
Report

The Promise of integration

How to strengthen the resilience of the Latin America and the Caribbean region? Download the new Economic Review

Panama At-A-Glance

Due to the expected slowdown in global economic growth, further tightening in the US monetary policy, and a decrease in the prices of main commodity exports, growth is projected to be 5.7 percent in 2023, 5.8 in 2024, and reach 5.9 percent by 2025, when external conditions improve. Growth in the medium term will be supported by new investments, private consumption, and trade.

Overview

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Project

Second Shared Prosperity Development Policy Loan

The project is to strengthening international tax transparency, financial integrity and fiscal management. Furthermore, the loan seeks to improve social programs.

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