On Friday August the 2nd Standard & Poor’s established Panama’s long term sovereign foreign currency credit rating at BBB.
The situation remains stable and reflects the hopes of investors that the government will continue to implement strategy for investing and sustain good economic growth.
S&P noted that constantly increasing economic diversification and stable macroeconomic figures balances with small, but open economy like Panama. Predicted growth from the famous rating agency is at 7.5 % for 2013 and until 2016 it will remain at such figures between 6-7% annually.
