Panama: Public Debt Grows 13%

Between the months of April 2017 and 2018, the country's public debt rose from $21.922 million to $24.8 million, which is equivalent to an increase of 13%.

Wednesday, May 30, 2018

According to figures from the Ministry of Economy and Finance in Panama, in the first four months of the year, debt has also reported an increase, rising from $23.373 billion recorded at the beginning of January to $24.8 billion computed at the end of April, which represents a 6% increase.

At the end of the first four months of 2018, 79% of the total public debt corresponded to external debt, and the remaining 21% to internal debt.  

As of April 2018, most of the external debt corresponded to obligations to private creditors, adding up to $14.269 billion, and the remaining $5.385 million belongs to debt with public creditors.

See details of the figures. (In Spanish)

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