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Panama shows no signs of slowing despite concern over growth in consumer prices

Friday, July 8, 2011

With an economic growth rate of almost 7 percent in 2010, and perhaps more than 9 percent in 2011, Panama shows no signs of slowing down. 

One of the major concerns is the rise in consumer prices, while the fiscal account is another area of concern.

But the robust economic environment allowed President Ricardo Martinelli to remain extremely popular, despite his heavy-handed political approach and a series of high profile scandals.

Original source: Latin Business Chronicle