Election Results Will Not Generate Changes in Panama


News from Panama / Thursday, March 20th, 2014

Fitch Ratings analysts said no matter who is chosen of the three candidates leading the polls, greater risks to the Panamanian economy are not expected.

From a statement by Fitch Ratings:

Although the polls suggest that any of the three leading candidates could become the next president of Panama in the elections of May 4, greater risks to the Panamanian economy are not expected, according to a new report from Fitch Ratings.

“It ha been difficult for opposition candidates to differentiate themselves from the official rulers due to the unprecedented economic growth that Panama has experienced in recent years, ” said Lucila Broide, director in the Latin America Sovereign Group at Fitch.” Continuity in Government policy – focused on the expansion of the Panama Canal and the country’s position as a regional logistics hub – is highly probable.”