Increasing numbers of public debt released

Economy

The balance of the public debt rose to $ 23 thousand 673 million in the first quarter of 2018, reported the Public Financing Directorate .

The figure represents an increase of one thousand 710 million dollars compared to the balance one year earlier.

In March 2018, the Government received disbursements for $ 443.8 million, among which the interim credit line with the National Bank of Panama , notes and Treasury bills and funds from loans granted to Panama by multilateral organizations stand out.

In the debt service, Panama made capital payments to multilaterals for $ 30.9 million and to commercial banks for $ 13.5 million. $ 160.6 million in interest was allocated to various global bonds.

The bonds are the most used instruments to contract debt. The balance as of March 31 in these securities is $ 12,499.4 million; followed by loans with multilateral banks, with $ 5 thousand 189.9 million; Treasury bonds, with $ 2 thousand 514.5 million; and Treasury notes, with $ 2 thousand 136 million.

———-
READ MORE:https://translate.google.com/translate?hl=en&sl=es&u=https://www.prensa.com/&prev=search

No Comments

Leave a Reply

Your email address will not be published.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

Canal
FOREIGN MINISTER already making the rounds on social circuit as PANAMA passes “velvet rope”.

Let the “dog and pony” show begin. PANAMA makes it to the VIP Room.  The foreign minister emphasized that removing the country from the list was one of the current Panamanian government’s priorities “from day one.” Panamanian Foreign Minister Javier Martínez-Acha celebrated Panama’s removal from the European Union (EU) money …

Economy
Despite robust numbers, most PANAMANIANS not feeling benefit of economic growth.

https://www.laestrella.com.pa/economia/hacer-economia-como-si-la-gente-importara-la-cara-de-la-inequidad-en-panama-AF14229889 Panama’s economic growth is not reflected in the quality of life of most of its citizens. While macroeconomic figures are used as a political argument, social indicators show growing inequality, unemployment, and social discontent. Some time ago, I was speaking with the former president of the Colon Free Trade …

"JB"
Cacao season kick starts in Bocas. Look soon for “CACAO 70”.

“JB”- A buddy of mine has started to cultivate his own Cacao processing out of Bocas del Toro, as Cacao demand increases worldwide. It will be distributed via “MI BELLA IMPORTS”. I wish his group the best as I am aware he is sitting on a mountain of Cacao down …