The government of Panama estimates that its revenues will grow
42.5 percent over the next five years.
The estimate was endorsed by the Cabinet Council through the
publication of the document "Medium Term Fiscal Framework of
the Non-Financial Public Sector for the period 2018-2022.
" The publication indicates that for this year, the current
revenue of the central government will be $8.443 billion, while it
estimates that for the year 2022 it will be $12.14 billion. In
terms of gross domestic product (GDP), the authorities estimate
that at present it is $59 billion, and by 2022 it will be $89
billion. The document also points out that Social Security revenue
is expected to grow from $3.545 billion to $4.93 billion by
2022.
