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Your email address will not be published. Required fields are marked *

Economy
CHINA remains keen on imprinting influence in Latin America. Keep an eye on these slippery F–K’s.

Varela’s BFF’s!!! https://indepthnews.net/the-chinese-investment-in-latin-america-is-changing/ BUENOS AIRES, Argentina | 17 August 2024 (IDN) — In the past decade, Chinese investment into Latin America has so often been characterised by large infrastructure projects: roads, railways, dams and ports, among others, frequently backed by state finance, and in many countries arriving under the banner of the Belt and Road Initiative. …

Economy
Ranking of PANAMA’s Best Retirement Locales: EX-PAT ALERT

* DESPITE the complete “skullfuckery” going on in Bocas del Toro……..PANAMA still a viable choice for seniors.   https://money.usnews.com/money/retirement/baby-boomers/articles/best-places-to-retire-in-panama Key Takeaways Panama’s low cost of living and proximity to the U.S. make it a popular option for American retirees. From city life to coastal living, Panama offers a range of …

Canal
Commerce through Canal is LESS than projected for 2024.

https://www-laestrella-com-pa.translate.goog/economia/vasquez-los-ingresos-del-canal-para-el-2024-se-encuentran-por-debajo-de-lo-presupuestado-FK8048632?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc Vásquez said that he will follow the schedule for increasing ship traffic established for this week of 34. Two months before the end of fiscal year 2024, Ricaurter Vásquez, administrator of the Panama Canal, announced on July 24 that income is below what was established in the budget, but …