Deloitte lowers its growth forecast for Panama from 9% to 7%
"In any case, 7.5% is still a favorable growth level and will continue to be one of the region's highest."
Monday, August 18, 2008
That was the comment by financial expert, Domingo Latorraca, a partner at Deloitte, during the company's latest Think Tank.
Government authorities have announced that in the first quarter of 2011 there was growth of 5.3% compared to the same period in 2010.
The economy of Panama grew 6,1% between January and June, reaching a GDP of $10,8 billion, $571 million more than the same period of 2009.
With 9.7% growth in the first quarter of 2011 compared to data recorded in the first quarter of 2010, the thrust of the Panamanian economy is surpassing all expectations.
The consulting firms Indesa and Deloitte estimate that Panama's economy will grow by seven to eight percent this year.
- Daily Update
- Government Purchases
- Classified Ads
- Indexes & Statistics
- Press Releases
- Events Calendar