The Andean Development Corporation (CAF) has approved a credit line of $210 million for medium-term loans for the Bank of Panama.
The agreement, signed by the Andean Development Corporation, the Bank of Panama and the Panamanian Ministry of the Economy, will open the way for the allocation of resources for the strengthening of Panamanian banking.
In Central America, Fuentes of Guatemala is at first with 5.1, followed by Handal of El Salvador, then Zuniga of Costa Rica and Alexander of Panama at 5.9, and then by the Honduran and Nicaraguan Ministers at 3.8 and 3.5 respectively.
A panel of 140 economists from the region responded via email to a survey by AmericaEconomia Intelligence in which they were asked to give their opinion about the performance of the public finance. The results were used to rank the ministries of finance based on the perception of the experts on whether they were doing a good or bad job.