Resource information
Panama's economic growth has been at the
top of the Latin American and Caribbean (LAC) region in
recent years. The country s rapid growth has been largely
pro-poor and translated into significant poverty reduction.
The new Administration is well placed to tackle these
challenges, with its commitment to maintaining an open and
diversified economy and redressing social imbalances.
Looking ahead, the country s main challenges are to maintain
the current growth performance and ensure that its benefits
are extended to all. The World Bank Group s (WBG) new
Country Partnership Framework (CPF) seeks to support
Panama s continued high growth, while ensuring inclusion and
opportunities for marginalized groups, and bolstering
resilience and sustainability. These themes are highlighted
as priorities in the Government s 2014-2019 Strategic
Development Plan (SDP) and in the WBG s Systematic Country
Diagnostic (SCD). The CPF seeks to maximize over a six-year
period, the comparative advantages of the WBG, through
packages of innovative public and private financing options
based on cutting edge global knowledge and experience.
