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Moody's Raises Panama Outlook

Aug 5, 2011

Moody’s has revised the outlook on Panama’s Baa3 debt rating to positive from stable. “The Panamanian economy has continued to show remarkable and enduring dynamism, and is well positioned to grow at rates above...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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