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Panama will grow 8 percent this year, says BBVA

Thursday, May 23, 2013

The economy of Panama could grow just over 8 percent this year, according to a study by Spain's BBVA.

Next year, the bank expects the country's economy to grow at a slightly lower rate of 7.6 percent.

Growth will be boosted by development of large residential, mining and energy projects, said Juana Téllez, research director at BBVA Panama and Colombia.

Full story (in Spanish)