Panama Economy to Grow 4% This Year: Finance Minister

  • Panama’s economy will expand by 4% this year on mining exports and new investments, according to Economy and Finance Minister Hector Alexander.
  • Government is planning public investments of $3b and an additional $2b in investments under public-private partnership deals.
  • A new terminal at Panama City’s international airport will open this year and the country will inaugurate a new convention center, also copper exports from the Cobre Panama mine will also help lift growth.

(Source: Bloomberg)