Monday, November 18, 2019

Logo Central America Link

Fitch warns Panama finance chiefs

Friday, November 8, 2019


The approval of the law that raises Panama’s fiscal deficit limits for this year and next will lead to a further weakening of the dynamics of public debt says the Fitch Ratings agency.

"The modification of the deficit ceiling follows a pattern of a decade of postponement in fiscal consolidation goals that has weighed on the credibility of fiscal policy,", the agency said, according to Newsroom Panama., Prensa Libre reported in Spanish.