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Panama set for 8 percent growth next year: minister

Monday, July 30, 2012


Panama's economy will grow by 8 percent next year, maintaining its place as one of the fastest growing economies in the region, Panama's Economy and Finance Minister Frank De Lima said.

In an interview, De Lima said that he continues to expect 10 percent growth in 2012.

Panama's economy has not been affected by the global economic slowdown thanks to expansion of the Panama Canal and investment in mining and construction, De Lima said.

 

Source: Reuters