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Your email address will not be published.

Economy
Panama trying to recover construction to pre-COVID levels.

Historically, the construction sector is one of the main engines of economic growth in Panama.¬†But during the covid-19 pandemic it was one of the most affected, falling by up to 50% (2020), and to date it has not achieved the growth levels it had before (pre-pandemic). The construction sector will …

Economy
Keeping an eye on Panama inflation.

Until October 2022, inflation in Panama accumulates a growth of 3.1%, compared to the same period in 2021. Only in October it reflected a year-on-year variation of 1.7%, according to the Consumer Price Index (CPI), of the Institute National Statistics and Census (Inec) published by the General Accounting Office of …

Economy
PANAMA job market is reaching point of tipping over.

“I have been out of work for four months. I’m looking for anything. The situation is very difficult!”¬†exclaimed Jackeline Aguilar almost bursting into tears, as sweat ran down her pink cheeks due to the sweltering sun. The almost 40-year-old woman is among the more than 30,000 attendees who came from …