Panama: Selected Issues and Statistical Appendix

January 26, 2006

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Format: Chicago

Panama: Selected Issues and Statistical Appendix, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This Selected Issues paper on Panama explores the current situation and trends of the Caja del Seguro Social (CSS) in Panama. The autonomy is embedded in its Organic Law, which also provides the agency with the right to have separate funds from the central government. The slowdown in economic activity and employment has led to a decline in the coverage of the social security system. The Panamanian pension levels are generous, despite the lack of indexation, even by the high standard of advanced European countries, and among the highest in Latin America.

Subject: Banking, Commercial banks, Deposit insurance, Financial crises, Financial institutions, Foreign banks, Labor, Lender of last resort, Pensions

Keywords: Banco Interoceanico de Panamá, Bank, Commercial banks, CR, CSS imbalance, CSS organic law, CSS program, CSS worker, Deposit insurance, Foreign banks, Global, Government proposal, ISCR, Lender of last resort, Liquidity, Organic law, Pensions, South America

Publication Details

Pages:

94
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/026
Stock No:

1PANEA2006003
ISBN:

9781451830866
ISSN:

1934-7685

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