Debt grows but remains in lockstep with Economic Growth

Economy

The debt of the non-financial public sector increased by $ 322 million during the last year and stood at $ 24,376.7 million at the end of July.

$ 24,386 million debt
Since 2014, when the government of President Juan Carlos Varela began , the increase is $ 6,750 million, according to the reports of the Public Financing Directorate.

The growth of the economy in this time has made the relationship between debt and gross domestic product remain stable, below 40%.

READ MORE:https://impresa.prensa.com/panorama/Deuda-crece-millones-ano_0_5109239096.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Your email address will not be published.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 …