Panama raises 2023 economic growth forecast to 'at least 6%'
This article is a summary of reporting by Reuters. Originally published September 20, 2023.
Panama's Ministry of Economy and Finance revised its economic growth outlook upward for 2023, projecting expansion of at least 6% compared to a previous estimate of 5%. The upward revision was underpinned by strong post-pandemic momentum across key sectors including logistics, construction, and services. The announcement highlighted the resilience of the Panamanian economy, driven heavily by activities tied to international commerce and the Panama Canal.
AI Summary
Panama upgraded its 2023 gross domestic product forecast from 5% to at least 6%.
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