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Latin America Investment News on Viva Tropical

Panama Holds onto Top Economy Ranking

Article Summary:

The World Bank yesterday released its regional growth outlook for Latin America and the Caribbean; Panama claimed second spot with a growth expectation of 9%.

Photo Credit: Prensa Panama

Original Article Text From Prensa Panama via Google Translate :

BM Panama Located at the Head of Growth

The World Bank (WB) has predicted that Panama’s economy will grow 9% in 2013, ranking as the second most dynamic in Latin America and the Caribbean after Paraguay (which grow 11% after a year of recession).

The World Bank yesterday released its regional growth outlook in the report Latin America and the Caribbean, windless favor: in search of higher growth.

The company agreed with its forecast IMF, which a day earlier assigned the same growth rate for this year Panama. The WB noted that Central America and the Caribbean need further integration.

Link to Original Article:

From Prensa Panama

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