Enterprise ESS system project financing options in Panama 2030

How has Panama implemented the National Financial Literacy Strategy?

With support from the Development Bank of Latin America, Panama is strengthening implementation of the National Financial Literacy Strategy. Regarding policies to advance a robust, inclusive, and sustainable financial market, Panama has strategically implemented several initiatives.

What is Panama's Global Gateway investment agenda?

Developed with the Electoral Court ahead of the May 2024 elections, this initiative underscores Panama's commitment to accelerating sustainable development through comprehensive policy frameworks aligned with Agenda 2030. Panama has also established partnerships with the European Union under the Global Gateway Investment Agenda.

Will Panama's economic growth be 5% in 2025?

While recovery is underway, the road back to previous highs requires sustained efforts to bolster investor confidence and attract capital. Looking ahead, Panama’s economic growth is projected to range between 2% and 5% in 2025, with institutions like Moody’s, JP Morgan, and the International Monetary Fund offering varied forecasts.

What is Panama's national development plan?

This approach aims to attract investments while acknowledging challenges like chronic fiscal deficits and limited fiscal space for social inclusion policies. The country has prioritised economic growth and resilience through partnerships with national development banks, aligning these efforts with Panama's National Development Plan.

How is Panama promoting economic growth?

Panama is also making substantial investments in infrastructure projects such as the Panama Canal water management system, the Gorgas Memorial Institute, the North Panama Hospital, and an electricity interconnection with Colombia. These efforts are geared towards enhancing public infrastructure and fostering national economic growth.

What is Panama doing to improve social inclusion?

In parallel, Panama has launched initiatives such as the Indigenous Peoples National Development Plan and the National Adaptation Plan, which aim to diversify the economy, promote sustainability, and tackle ongoing social inclusion challenges.