Panama’s economy is expected to remain among the most dynamic in the region. The economic outlook is favorable, albeit set against the backdrop of heightened external uncertainty. Panama’s growth model relies on its ability to remain a competitive and attractive destination for international financial, business, and transportation services. Continued progress with tax transparency and financial integrity are essential to preserve this growth model. Commitment to fiscal discipline and efforts to strengthen the fiscal framework and enhance institutional capacities contribute to ensuring sustainability, and need to be complemented by a comprehensive monitoring of fiscal risks. As a regional financial center, the comprehensive monitoring of systemic risks and a strong macroprudential and crisis management framework are important to safeguard financial stability.
The Central Bank has forecast for this year inflation of 4.5% with a margin of ± 1%, and annual growth of 3.6% in exports.
From a report by the Central Bank:
The Central Bank of Honduras (BCH), through Resolution No.81-3 / 2017 of March 2, 2017, approved the 2017-2018 Monetary Program (MP), which sets out the measures for monetary, credit and exchange policy and the prospects of the Honduran economy and the international context for a two-year horizon, in order to guide operators and the general public in decision-making and formation of expectations.
Growth and the external position have been boosted by low oil prices and strong remittances, while the fiscal deficit had declined. However, progress on social objectives is lagging. There are downside risks from global uncertainties and domestic policy constraints.
From the press release by the IMF:
On August 22, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation1 with Guatemala, and considered and endorsed the staff appraisal without a meeting.2
Key representative/s from the Guatemalan Exporters’ Association last 13-15 October attended the 8th TPO Network World Conference to exchange ideas and best practice around stimulating export-led economic growth and meeting the urgent challenges in the sector.
PRONicaragua, is the Nicaraguan Investment Promotion Agency, established in 2002. We are a non-profit, public-private institution whose mission is to generate economic growth and job creation in Nicaragua by attracting high-quality foreign direct investment. The Agency provides complimentary support services to qualified investors seeking investment opportunities in our country.
Operates in Nicaragua
Phone: (505) 2270 6400
Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador, Costa Rica and Caribbean Community
Phone: (202) 331-9467