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Panama's inflation concerns World Economic Forum

Monday, October 1, 2012

Panama's 6 percent inflation rate is worrying the World Economic Forum. The comment appears in the latest edition of the Global Competitiveness Report prepared by the body's analytical arm.

The inflation rate means that Panamanians lost about 6 percent of their purchasing power in the last year.

The Forum report also noted as relevant "little progress" in the country's institutional framework, drawing attention to the low public confidence ins politicians, low levels of security and one of the lowest scores of independence justice in the region.

Source: Newsroom Panama