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The World Bank lends Panama $100 million to improve tax take and fight poverty

Thursday, May 5, 2011


The World Bank announced a $100 million loan to help “consolidate the robust growth” of Panama’s economy.

The loan is based on a plan that aims to improve the tax take and boost social development.

The bank said that Panama’s economy has been a leader of growth in Latin America. It highlighted the government’s plan to boost public works and investment.

Original source (in Spanish): Efe