Panamanian exporters lower growth forecast

The Panamanian Exporter Association (Apex)has reduced its forecast for export growth to 15%

Tuesday, October 21, 2008

At the start of the year, Apex forecast an increase of 25% in exports for the next four years, which "would make the current value of the export of goods of around 1 billion dollars to $2 billion," said the president of the group, Maximo Gallardo.

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In January of this year, export sales amounted to $600 million, a figure lower than the $735 million of the previous year.

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