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Caribbean & Central America - March 2015 (ISSN 1741-4458)

ECONOMIC OVERVIEW: PANAMA

Investment plan: In January Panama’s economy & finance (MEF) ministry revealed the government’s investment plan for the next five years. According to the press release, public investment over this period will reach US$19.5bn – an average of US$4bn annually. Of the total, US$10.72bn (55%) will go to social impact programmes including “basic sanitation”, “100% potable water” and “roofs of hope”, as well as the renovation of Colón city. Meanwhile US$6.37bn will go to transport infrastructure; US$973m to administration & justice; and US$216m to environmental projects.

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