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Fitch confirms Panama's BBB risk rating

Friday, June 1, 2012

Fitch Ratings maintained Panama's 'BBB' risk rating.

Fitch praised the country's strong economic performance , which has raised income per capita to reach the same levels as other countries with a 'BBB' rating.

"The fast reduction of debt as a percentage of gross domestic product, boosted by robust growth, as well as moderate fiscal deficits, supported the rating" Fitch added.

Source (in Spanish): La Estrella