August 8, 2024

Panama Seeks $9 Billion Financing Boost 💵

Panama’s government enacted two decrees on Tuesday aimed at bolstering economic financing, announced the council of ministers. The first decree authorizes the issuance of treasury notes worth up to $6 billion on the local market, spanning maturities from two to 10 years. Meanwhile, the second decree empowers the economy ministry to engage in financing agreements with both local and international institutions, potentially securing up to $3 billion in funds.

These measures underscore Panama’s proactive approach to managing economic liquidity and supporting developmental initiatives amidst global financial challenges.

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