Production of Panamanian macroeconomic information is subject to delays, affecting the decision-making capability of businesses.
Currently the production of the information is the responsibility of the National Comptroller's Office, which does not have sufficient resources to cope.
Edith Catillo Durate, in her article for Prensa.com, writes that, “Macroeconomic information is currently available up to May although some segments are subject to longer delays”.
Despite rapid development in recent years, there remain serious obstacles in order to progress beyond what has been achieved in Panama.
These obstacles are structural defects that have to be corrected, such as the inefficiency of public administration, people with low education, lack of skilled labor, regions far away from the capital lacking basic services and serious problems in transportation and health.
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