Cobre Panama
Panama’s economy continues to show resilience, with international credit agency Fitch Ratings projecting a 4.0% expansion in Gross Domestic Product (GDP) by the end of 2026. This positive outlook follows a strong first quarter where the Panamanian economy registered a…
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Talks are progressing to reopen the controversial Cobre Panama mine, which would provide Panama a huge, long-term economic boost. Panama is sitting on one of the largest copper deposits in the world, but the deal with Canadian miner First Quantum…
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International investment giant JP Morgan has upgraded its outlook for Panama’s economy, citing several positive indicators for its growth. Noting “positive news” in several areas, the bank raised its growth forecast for Panama’s economy to 3.5% in 2024, after originally…
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New data released this week by the government illustrates the rapid pace of Panama’s economic recovery in the wake of the COVID pandemic. Economic activity jumped 13.5% in 2022 compared to the previous, reaching $76.5 billion, according to the report…
Read MoreOwning a home is a keystone of wealth… both financial affluence and emotional security.
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