Macroeconomic Forecast Panama

BMI View: Investment into Panama, buoyed by relative political stability, good fiscal management, and regulatory transparency, will help drive impressive real GDP expansion in the years ahead. A wide variety of infrastructure projects in the pipeline will keep investment at the fore. Nevertheless, private consumption will also play a key role, as the rising Panamanian middle class continues to make its mark. We are forecasting real growth of 6.3% in 2011, which we expect to accelerate to 6.8% in 2012.

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