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ARTICLE · 22 FEBRUARY 2017

Fitch Ratifies Panama's Investment Grade Based On Economy And Transparency Measures

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Ratings company Fitch Ratings affirmed Panama's investment grade at BBB with a stable outlook, as reported by the company on Thursday, February 16.

PanamaWealth Management
Ricardo Cambra La Duke
Ricardo Cambra La Duke

Ratings company Fitch Ratings affirmed Panama's investment grade at BBB with a stable outlook, as reported by the company on Thursday, February 16.

Risk ratings are evaluations made by companies on credit quality and repayment, in this case the country, of debt taking into account internal and external factors such as fiscal management, economic indicators and projections of growth and the conjunctures Which directly or indirectly affect economic sectors.

The report talks about the country's projection of good growth, fiscal adjustments and the measures employed by the Varela administration on transparency issues, considering that they have helped to mitigate the effects of reputation damage related to the Mossack Documents Fonseca.

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