Panama: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Panama: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama write by International Monetary. This book was released on 2021-07-30. Panama: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Panama available in PDF, EPUB and Kindle. After over two decades of unprecedented economic expansion, Panama’s economy contracted sharply in 2020 amidst challenges from the COVID-19 pandemic. As conditions rapidly deteriorated, Panama requested financial support under the Rapid Financing Instrument (RFI) for 100 percent of quota equivalent to US$0.5 billion (SDR 0.4 billion) to address immediate balance of payments needs, which the IMF Executive Board approved on April 15, 2020. Subsequently, uncertainties magnified, and Panama requested a two-year arrangement under the Precautionary and Liquidity Line (PLL) for 500 percent of quota, equivalent to US$2.7 billion (SDR 1.9 billion), as insurance against extreme external shocks, which was approved by the IMF Executive Board on January 19, 2021.
El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador
El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador write by International Monetary. This book was released on 2022-01-28. El Salvador: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for El Salvador available in PDF, EPUB and Kindle. The pandemic interrupted ten years of growth, but El Salvador is rebounding quickly. Robust external demand, resilient remittances, and a sound management of the pandemic—with the help of a disbursement under the Rapid Financing Instrument (RFI) (SDR287.2 million or US$389 million) approved in April 2020—are supporting a strong recovery. Persistent fiscal deficits and high debt service are leading to large and increasing gross fiscal financing needs.
Dominican Republic: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominican Republic
Dominican Republic: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominican Republic - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dominican Republic: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominican Republic write by International Monetary. This book was released on 2021-07-28. Dominican Republic: 2021 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Dominican Republic available in PDF, EPUB and Kindle. The pandemic interrupted a prolonged growth spell that made the Dominican Republic one of the most dynamic economies in the region amid strong growth, macroeconomic stability and improved social outcomes. This built resilience to the shock—including by maintaining access to markets—and allowed a decisive policy response to address the health emergency, support growth, and protect the vulnerable.
Panama
Panama - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Panama write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2023-03-24. Panama available in PDF, EPUB and Kindle. Panama was hit hard by the covid-19 pandemic, but the recovery has been strong. GDP expanded by 15.3 percent in 2021 and a projected 9 percent in 2022. Inflation is low compared with other countries, in part the result of temporary subsidies on fuel and food. The fiscal deficit declined from 101⁄2 percent of GDP in 2020 to 4 percent of GDP in 2022 and central government gross debt is estimated at 60 percent of GDP at end-2022. Banks are, on average, well capitalized and liquid. As insurance against external shocks, the IMF Executive Board approved a two-year Precautionary and Liquidity Line (PLL) arrangement for 500 percent of quota, equivalent to US$2.7 billion (SDR 1.884 billion), on January 19, 2021.
Panama
Panama - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Panama write by International Monetary Fund. Western Hemisphere Dept.. This book was released on 2016-11-02. Panama available in PDF, EPUB and Kindle. This 2016 Article IV Consultation highlights Panama’s expected continued growth—among the strongest in Latin America—against a backdrop of low inflation, a stable financial system, and a declining current account deficit. GDP grew by 5.8 percent in 2015, and growth is projected to remain at about 6 percent in 2016 and over the medium term. The economy will be supported by the expected opening of the expanded canal and lower fuel prices. The overall fiscal deficit is expected to consolidate to 1.2 percent of GDP over the medium term. Public debt is projected as sustainable.
