Panama mulling financing options

Panama mulling financing options

Equity

Panama’s new government is studying ways to increase funding and cut spending because the previous administration “squandered” public funds, the country’s finance minister has said. Speaking to Congress on Monday finance minister Dulcidio de la Guardia said state revenues for the first six months of the year were $335m below target and that the previous administration of president Ricardo Martinelli had raised $1.51bn in the first half of the year — above the $1.34bn ceiling established by the b

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