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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A REGION EXPOSED TO MULTIPLE HAZARDS

Are we ready to respond to an earthquake, a tropical storm, an epidemic outbreak, and a cyber-attack at once?
Blog

They risk their lives for a better future

The migration phenomenon in Central America particularly affects women and girls, who face challenges such as gender-based violence and vulnerability to trafficking, kidnapping, and murder.
Blog

Resilient and inclusive social protection labor systems

The pandemic proved the quality of social assistance programs in Central America and the Dominican Republic.

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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Experts

Carlos Felipe Jaramillo

World Bank Vice President for Latin America and the Caribbean

Michel Kerf

Director for Central America and Dominican Republic

Joelle Dehasse

Operations Manager for Central America and Dominican Republic

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