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Panama Growth Seen Exceeding 8.1%

Aug 22, 2007

In an upbeat assessment of Panama, Moody's predicts growth will this year exceed the 8.1% seen in 2006. "The country's Ba1 foreign currency government bond rating and stable outlook are supported by a dynamic service sector...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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