Panama Details SWF

Panama Details SWF

Panama Funds

Panama’s cabinet has outlined its plan for a sovereign wealth fund, and is now to send it to congress for approval, according to a report from Citi. To begin with, the Fondo de Ahorro de Panama (FAP), will take in the assets from the Fondo Fiduciario para el Desarrollo, about $1.2bn, and would take in excess Panama Canal revenue from 2015 on. This could reach $4bn by 2025. The government could then use the money from the fund in case of national emergency, if the costs associated with it are 0.5

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial