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Panama: Request for an Arrangement Under the Precautionary and Liquidity Line-Press Release; Staff Report; and Statement by the Executive Director for Panama
Author:
International Monetary Fund. Western Hemisphere Dept.
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2021: Issue 030
Language:
English
Publication Date:
03 Feb 2021
DOI:
https://doi.org/10.5089/9781513568294.002
ISBN:
9781513568294
ISSN:
1934-7685
Pages:
102
Keywords:
ISCR; CR; Executive Board discussion; Panama's request; market confidence; Panama's quota; PFM system; liquidity position; address COVID-19 pandemic; economic recovery effort; COVID-19; Credit; Debt service; Global; Caribbean; Western Hemisphere; Central America
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While Panama has been the most dynamic economy in Latin America over the last three decades (growing 6 percent on average), its strength is being tested by the COVID-19 global pandemic. Panama is a service-based economy that is highly integrated in the world economy and exposed to extreme shocks during the pandemic.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund