Credit Intermediation in Central America
Banks credit intermediation and its influence in the generation of goods and services on behalf of the productive system.
Tuesday, August 4, 2009
In a SECMCA report, Nelson Oswaldo Ramirez presents a brief analysis of the development of banking credit in comparison with the region's economic activity in the first five months of the year. In the way he studies relationships that may exist between the variables of Credit and GDP.
Revenues from the manufacturing industry in Panama will reach more than 879 million dollars during the first quarter of this year, an 18.3 percent increase over last year.
Economic activity showed a moderate growth in comparison to 2007 economic indicators.
The IMF expects a reduction in the growth of the local economy. It is no longer expected to be 4.3% but 4% due to the global financial crisis.
Although Nicaragua is qualified for international cooperation as one of the middle class nations, it continues to need support because it has a high level of external debt.
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