Impact of Coffee on Panamanian economy evaluated in study

Agriculture

The multiplier effect of the coffee industry on the added value of the Panamanian economy was estimated at $ 212.2 million in 2015, according to the study “Economic Impact of the Coffee Industry in Panama” presented on Wednesday, June 6.

The greatest impact of this industry is generated through the private consumption of employees in the coffee production chain ($ 81.9 million).

Although currently this economic impact of coffee (harvest and processing) is lower than that of other agricultural industries, its value-added multiplier is the highest, according to the analysis.

———-
READ MORE:https://www.prensa.com/economia/millones-aporta-industria-economia-panamena_0_5047745182.html

No Comments

Leave a Reply

Your email address will not be published.

Economy
PANAMA economic outlook remains stable before expected administation change.

https://www.laestrella.com.pa/economia/moody-s-mantiene-en-baa3-estable-su-perspectiva-para-el-centro-bancario-de-panama-DN6609324 In his opinion, the solid performance of the banks will offset the sharp drop in economic growth, the political noise prior to the presidential elections, as well as the weakening of consumer and business confidence. Moody’s Ratings maintains its outlook for Panama’s banking system at “Baa3 stable”. In his …

Economy
Grade on “5 Year Plan” to come in JUNE of 2025.

Back in 2020 the UNWTO- or “World Tourism Organization” was tasked to put together a “Master Plan” that would bear the fruit of an increase in sustainable tourism projects of ( 50% ). This even took into account the effect of COVID-19 on the Economy. I am aware that there is REAL …

"JB"
MINSA approves (7) legal licenses to produce cannabis derivatives.

“JB” This is actually to me “huge” news. PANAMA has been 10 steps behind on Medical and Legal Marijuana production it is a joke. Marijuana and Production of THC derivatives could be a HUGE economic BOON to the agricultural GDP export of PANAMA. PANAMA is still rooted in Judeo-Catholic beliefs …