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Panama At-A-Glance

Growth is expected to be around 6.3 and 6.5 percent over the next two years, supported by construction, transport and logistics, tourism, and mining. The current account deficit is expected to narrow to 3.4 percent of GDP in 2023 on the back of higher services exports and copper prices and lower fuel prices before reaching 3 percent in the medium term.

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Project

The World Bank

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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    Carlos Felipe Jaramillo
    Carlos Felipe Jaramillo

    World Bank Vice President for Latin America and the Caribbean

    The World Bank
    Michel Kerf

    Director for Central America and Dominican Republic

    The World Bank
    Joelle Businger

    Operations Manager for Central America and Dominican Republic

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    Country Office Contacts

    PANAMA +507 831-2000
    Ramón H. Jurado Street, Pacific Center, Floor 32, Paitilla, Panama City
    USA +1 202 473-1000
    1818 H Street NW, Washington, DC 20433