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Panama's economy posts strong gains in 6.3 percent surge in second quarter

Thursday, September 16, 2010


Panama's economy grew 6.3 percent in the second quarter versus the same period a year ago.

Panama posted strong gains across many sectors in the second quarter, including banking, tourism and construction boosted by the $5.25 billion expansion of the Panama Canal.

The government and analysts expect Panama's economy to expand at least 5 percent this year.

Original source: Reuters