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Your email address will not be published.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 *

Agriculture
Small culture efforts make a big difference is “self-reliance”. As seen in Cocl’e.

In Río Indio, province of Coclé, there is a farm for tilapia fingerlings that will ultimately result in a quality and affordable product. The world of aquaculture in Panama, with its various projects, has positively impacted the economies of the families that are dedicated to this activity in the country …

Agriculture
Mulino hits ground running with new cabinet appointees.

Ameglio will accompany the designated minister Roberto Linares in Agricultural Development The president-elect, José Raúl Mulino, appointed this Friday, May 24, Francisco José Ameglio Vásquez as vice minister of Agricultural Development to accompany the designated minister Roberto Linares in this portfolio. Ameglio has worked as an assistant in the Legal …

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 …