Panama: $8 billion in additional potential revenue

The Government has identified, in terrains close to the Canal, new sources of funding to support its five-year investment plan

Friday, July 23, 2010

These 3.000 hectares of state land would have an estimated retail value of $3 billion.

"That was the detail provided by the Minister of Economy and Finance, Alberto Vallarino, in his speech yesterday at the XIX Convention National Banking, where he discussed funding opportunities for investments included in the Strategic Plan of the Government, which totals $ 13.6 billion".

More on this topic

Panama's Tax Figures Improve

August 2016

Due to a 12% increase in revenue in the first half of 2016 the fiscal deficit of the nonfinancial public sector fell by 80% compared to the same period in 2015.

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

The Minister of Economy and Finance, Dulcidio De La Guardia, presented today at a press conference the results of the Fiscal Balance of the Nonfinancial Public Sector (NFPS) and the Central Government, for the first half of 2016, highlighting a significant reduction in the deficit, which went from 647 million dollars in the first six months of 2015 to 129 million in the same period this year, representing a reduction of 519 million or 80.2%.

Honduras Raises Debt Issue to $1 billion

December 2013

If the additional tranche of $250 million approved by Congress is placed, the country's debt level will rise to over 40% of GDP.

Honduras's fiscal deficit will go from yellow to red alert if the government decides to issue $250 million more in debt bonds on the international market.

Public Finances, the Weak Link of Costa Rica

January 2011

Aldesa analyzed the Macroeconomic Program 2011-12, by the Central Bank of Costa Rica, with projections for 2011.

In our view, one of the most important elements of the program and to which attention should be paid, has to do with projections for public finances.

Given the relative similarity of economic conditions between 2010 and 2011, the most important is the role played by the Central Government in managing the growing fiscal deficit.

Guatemala as seen by IMF

October 2009

Analysis of the Guatemalan economy, as a result of the first revision of the Stand-By arrangement between the IMF and Guatemala.

Economic outcomes.
GDP growth has been slower than expected, and is projected to be below ½ percent in 2009. Inflation plummeted to -0.3 percent (y-o-y) at end-July, due to the decline in commodity prices and weak domestic demand.

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