World Bank Supports Panama's Economic Growth

The World Bank is lending USD100 million to back Panama’s economic growth through improved private sector competitiveness, consolidated fiscal discipline and enhanced public sector accountability. The credit aims to reduce red tape, increase accountability in fiscal management and public sector recruitment, and improve professional training and innovation as well as public finance management, including debt management. (“Panama: USD100 Million to Promote Competitiveness, Fiscal Discipline, and Accountability” - World Bank, Dec. 16, 2008)

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