From a statement issued by the Ministry of Finance:

As of December 2017, the total revenues of the Central Government (CG) were B /. 8.623 billion dollars, which reflects a significant increase of 11.5%, almost double compared to the results of 2016, informed the Ministry of Economy and Finance in its preliminary report on the Fiscal Balance of the Non-Financial Public Sector (SPNF) corresponding to 2017.

The increase in revenues of the Central Government is mainly explained by the increase in tax collections (B / .88 million) and the contributions from the Panama Canal (B / .595 million). In this period, tax revenues were B /. 5.687 billion balboas, exceeding 2016's results by 1.6%.

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Panama: Tax Figures - I Semester 2017

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Total revenues from the central government grew by 2% compared to the same period in 2016, while total expenditures fell by 2.1%.

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

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From a statement issued by the Ministry of Finance:

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A statement from the Ministry of Economy and Finance reads:

The deficit of the nonfinancial public sector (NFPS), was 2.1% of GDP at the end of fiscal year 2012, compared with a deficit of 2.2% of GDP in 2011, total NFPS revenues increased by B /.