Panama- Reopening of restaurants. beaches, social areas


News from Panama

The reopening of restaurants and beaches on Monday, February 8 is now confirmed with the publication of in the Official Gazette new provisions ordered by the Ministry of Health including the cancellation of purchases by gender. However, it is clarified that establishments must maintain a capacity of 50% of, including employees, to avoid crowds in […]

February 8, 2021

Fitch Downgrades Panama’s IDR to ‘BBB-‘; Outlook Negative


News from Panama

Fitch Ratings – New York – 03 Feb 2021: Fitch Ratings has downgraded Panama’s Long-Term Foreign Currency Issuer Default Rating (IDR) to ‘BBB-‘ from ‘BBB’. The Rating Outlook is Negative. KEY RATING DRIVERS Panama’s downgrade to ‘BBB-‘ reflects the severe weakening of public finances due to the economic disruption caused by the coronavirus pandemic, which […]

February 8, 2021