20090215-203032-Panama-announces-04-of-GDP-budget-surplus-in-2008
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news Panama announces 0.4% of GDP budget surplus in 2008; Panama English News Blog
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Panama announces 0.4% of GDP budget surplus in 2008

02/15/09 20:30

The Panamanian government is proud to announce that it managed to get a budget surplus of $97.8 million, or 0.4% of the country's GDP. This is much lower compared to the 3.5% surplus in 2007, but this is still highly commendable given the economic problems of 2008.

Higher spending was attributed as the main reason for the lower surplus last year.

News: Panama's '08 Consolidated Budget Surplus At 0.4% Of GDP - EasyBourse actualité

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20090215-203032-Panama-announces-04-of-GDP-budget-surplus-in-2008 budget surplus 'Panama announces 0.4% of GDP budget surplus in 2008'