Moody's Raises Panama Outlook

Moody's Raises Panama Outlook

Panama Corporate & Sovereign Strategy

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 its potential thanks to the expansion of the Panama Canal and the government's ambitious efforts to improve and modernize the country's infrastructure,” the agency says. The government has also kept a solid balance sheet, despite recent fiscal deterioration, and favor

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