Panama will be the leader of Latin America
Grow 6.2% in 2010, 6.7% in 2011 and will remain so until 2015.
Panama is the country that will lead the Latin America and the Caribbean in the period 2011 – 2015, said the International Monetary Fund (IMF) at its annual meeting held in the United States.
The IMF report says that while Paraguay, Uruguay, Peru, Argentina and Brazil keep their economies stable, Panama, however, will continue to grow as 6.2 in 2010, will increase to 6.7 in 2011 and will remain so until 2015.
He also noted that it is the sixth Latin American country in economic growth this year and the most robust of Central America, according to a statement from the Ministry of Economy and Finance.
The IMF said that only five countries exceed Panama in this line are positive with 9.0 Paraguay, Uruguay with 8.5%, Peru registered a 8.3%, 7.5% and Argentina, like Brazil.
In terms of inflation, the new IMF forecasts have increased passing from 3.3% to 4.1% in 2010, but figures for 2011 expected cut of 2.9% to 2.7%.