Panama: $75 million for Customs Modernization

With a loan from the IDB, part of the investments in infrastructure and fiscal control equipment will be financed at the country's customs posts.

Friday, May 18, 2018

From a statement issued by the Ministry of Economy and Finance:

May 17, 2018 The National Economic Council (CENA) endorsed a draft loan agreement for B /. 75 million between the Ministry of Economy and Finance (MEF) and the Inter-American Development Bank (IDB) to finance the implementation of the Customs Logistics Integration Program. 
 
The program seeks to contribute to the improvement of Panama´s logistics sector through the modernization of processes, technology, infrastructure and fiscal and parafiscal control equipment in the three border posts with Costa Rica; Paso Canoas, Guabito and Rio Sereno, ensuring traceability in Panama's fiscal routes.

Read full release (in Spanish).

Are you interested in construction projects in Central America?

Receive information about our monthly report including a complete list of all the major and most important construction projects seeking government authorization.

Request more information:








this site is protected by reCAPTCHA and Google's privacy policy and terms of service.
Need assistance? Contact us
(506) 4001-6423

CentralAmericaData is the leading B2B market research company in Central America. We specialize in compiling, validating and analyzing data from the economic activities in Central American and South American countries, along with Mexico. We provide our clients and companies with presence in the region relevant information to define business strategies and make adequate decisions. Learn more about our services here



More on this topic

Panama: $75 million for Customs Modernization

June 2018

The Cabinet Council has approved a loan contract for investments in infrastructure and fiscal control equipment at the country's border posts.

According to a decree published on June 5 in the Official Gazette, " ... the signing of the Loan Agreement ...

Honduras: $75 million Loan for Roads

November 2016

With IDB financing the highway connecting San Pedro Sula to Tegucigalpa and the road that connects to Puerto Cortés, will be extended.

From a statement issued by the Inter-American Development Bank:

Honduras will improve two major road corridors, increasing lanes and renovating several sections with the help of a loan of US $75 million from the Inter - American Development Bank (IDB).

$ 10 Million for Financial Management in Nicaragua

October 2010

The loan from the Inter-American Development Bank (IDB) will provide more efficiency and transparency in public expenditure.

Nicaragua will improve the efficiency and transparency of public expenditure and modernize the process and management systems of state finances with the help of a loan of U.S. $ 10 million from the Inter-American Development Bank (IDB).

Loan to improve government management in Guatemala

November 2008

The IDB will provide an $8.5 million loan for a project that seeks to increase efficiency and promote transparency in the Ministry of Finance.

The program will focus on improving the internal process of the Ministry and to seek responsibility for government spending.

The objective of the IDB is to help the ministry become an more modern and effective institution, the bank said in a release.

 close (x)

Receive more news about Customs

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Tailor made software for construction companies

O4Bi is a system that allows to control and manage what a company needs: the complete process of development of works, accounts receivable, treasury, banks, sales and accounting.
O4Bi is a very robust system that allows to control and...

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Feb 17)
Brent Crude Oil
57.010
Coffee "C"
110.85
Gold
1,583
Silver
17.830