Construction slashed in Panamá

The value of approved construction permits in the principal areas of Panama fell to $242 million in the first quarter of the year, a fall of 25 percent over the $ 325 million in the same period of the previous year.

The decline, however, is more moderate than that registered the previous year, when in the first quarter the declared value fell by 40 percent when compared to 2017, Newsroom Panama reports.