Foreign investment in the country, is not reflected
Although the authorities maintain that foreign investment in Panama increased during 2015, this growth is not reflected in the country's economy.
Although the authorities maintain that foreign investment in Panama increased during 2015, this growth is not reflected in the country's economy.
- Luis Miguel Avila ([email protected])
- /
- @lavila15
- - Actualizado: 04/3/2016 - 07:01 am
In 2014, 25% of the investment made in our country was foreign. / Archive
Although the authorities maintain that foreign investment in Panama increased during 2015, this growth is not reflected in the country's economy.
Figures from the Ministry of Economy and Finance (MEF) point out that foreign investment rose from 4 billion 309 thousand 400 dollars in 2014 to 5 billion 38 thousand 600 dollars last year.
This boom is not reflected in the country, on the contrary, the unemployment rate rose 4.8% to 5.1% in 2015, according to the Comptroller.
This situation earned Panama to stop him from being one of the countries with "full employment" (less than 5% unemployment), as consultant Manpower said in one of his last reports on employment expectation.
According to Olmedo Estrada, president of the College of Economists, foreign investment may keep coming, but if the primary sectors of the economy such as agriculture, construction, etc., this will not be reflected not improve.
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