Panama: Staff Report for the 2003 Article IV Consultation

April 6, 2006

Preview Citation

Format: Chicago

Panama: Staff Report for the 2003 Article IV Consultation, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This 2003 Article IV Consultation for Panama reports that the medium-term outlook is sound, assuming continued pursuit of prudent fiscal policies and growth-enhancing structural reforms. Sustained compliance with the fiscal responsibility law will require structural reforms, including improvement of tax administration. Comprehensive reform of the pension system is needed to ensure its viability. The authorities are taking some administrative steps to reduce the deficit, but comprehensive reform will have to be done by the new government.

Subject: Commercial banks, Economic sectors, Financial institutions, Fiscal policy, PFM legal and regulatory frameworks, Public debt, Public financial management (PFM), Public sector

Keywords: Africa, Caribbean, Commercial banks, Consumer price inflation, CR, Debt management strategy, Deficit, Global, Global bond, ISCR, Labor market, PFM legal and regulatory frameworks, Public sector, Report, South America, Staff appraisal

Publication Details

Pages:

65
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/130
Stock No:

1PANEA2006004
ISBN:

9781451830873
ISSN:

1934-7685

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