Panama: Fiscal Figures up to June 2018


News from Panama

In the first semester, the fiscal deficit of the non-financial public sector was 1.6% of GDP, registering an increase of almost $1 billion with respect to the same period in 2017. From a statement issued by the Ministry of Economy: The results of the Fiscal Balance of the Non-Financial Public Sector (SPNF), corresponding to the […]

August 28, 2018

Health Diplomacy: Inside the hospital ship Comfort


News from Panama

A look inside the U.S. Navy’s floating hospital, the USNS Comfort, when the ship offered aid to Nicaragua in 2007. By Ricardo López See the video here U.S. Navy hospital ship to comfort Venezuelan migrants Defense Secretary Jim Mattis said Friday he would dispatch a U.S. Navy hospital ship to the Colombian coast to help […]

August 28, 2018

Introducing SONAR’s ‘Panama spread’


News from Panama

FreightWaves has reported on how the expanded Panama Canal, which can now accommodate larger ships in greater numbers, has altered trade flows on the North American continent. The expansion, completed on June 26, 2016, doubled the capacity of the Panama Canal. East Coast ports invested billions of dollars dredging their harbors so larger vessels could […]

August 28, 2018

Panama: Providing faster humanitarian relief


News from Panama

A new Humanitarian Hub in Panama will help provide lifesaving support to vulnerable communities in emergency situations throughout the region. From hurricanes and earthquakes to volcanic eruptions and flooding, countries throughout Latin America and the Caribbean are regularly exposed to natural disasters. The region, which naturally sits on territory prone to such events, is also […]

August 28, 2018

AES unveils gas plant and LNG milestone in Panama


News from Panama

A $1.15bn facility comprising a 381 MW combined-cycle power plant and the first liquified natural gas terminal in Central America have been inaugurated in Panama by AES Corporation. The AES Colón plant and terminal are expected to begin commercial operations on September 1 and are intended to help wean Central America and the Caribbean off […]

August 28, 2018