Country Partnership Framework for the Republic of Panama for the Period FY15-FY21
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World Bank, Washington, DC
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Panama's economic growth has been at the
top of the Latin American and Caribbean (LAC) region in
recent years. The country s rapid growth has been largely
pro-poor and translated into significant poverty reduction.
The new Administration is well placed to tackle these
challenges, with its commitment to maintaining an open and
diversified economy and redressing social imbalances.
Looking ahead, the country s main challenges are to maintain
the current growth performance and ensure that its benefits
are extended to all. The World Bank Group s (WBG) new
Country Partnership Framework (CPF) seeks to support
Panama s continued high growth, while ensuring inclusion and
opportunities for marginalized groups, and bolstering
resilience and sustainability. These themes are highlighted
as priorities in the Government s 2014-2019 Strategic
Development Plan (SDP) and in the WBG s Systematic Country
Diagnostic (SCD). The CPF seeks to maximize over a six-year
period, the comparative advantages of the WBG, through
packages of innovative public and private financing options
based on cutting edge global knowledge and experience.
Palabras clave
ACCESS TO FINANCE, ACCESS TO JOB, ACCESS TO SERVICES, ACCESSIBILITY, ACCIDENT RATES, ACCOUNTING, ADVISORY SERVICES, AGRICULTURAL SECTOR, AIR, AIR TRAVEL, AIRPORT, AIRPORTS, BANK PORTFOLIO, BANKING SECTOR, BANKING SYSTEM, BENEFICIARIES, BENEFICIARY, BINDING CONSTRAINT, BOTTLENECKS, BRIBES, BUDGET MANAGEMENT, BUDGETING, BUS, BUS SYSTEM, BUSES, BUSINESS CENTER, CAPACITY BUILDING, CAPITAL INFLOWS, CASH TRANSFER, CASH TRANSFERS, CLIMATE CHANGE, COMMERCIAL BANKS, COMMERCIAL CREDIT, COMMUTER RAIL, CONGESTION, CORRUPTION, CREDIBILITY, CREDIT LINES, CULTURAL DIVERSITY, CURRENCY, CURRENT ACCOUNT, CURRENT ACCOUNT DEFICIT, DEBT ISSUANCE, DEFAULTS, DEPOSITS, DEVELOPMENT BANK, DISABILITIES, DISPARITIES IN ACCESS, DIVERSIFICATION, DOMESTIC BANKS, DOMESTIC CAPITAL, DOMESTIC CAPITAL MARKET, DRAINAGE, DRIVING, ECONOMIC ACTIVITIES, ECONOMIC ACTIVITY, ECONOMIC DEVELOPMENT, ECONOMIC DEVELOPMENTS, ECONOMIC GROWTH, ECONOMIC OPPORTUNITIES, EDUCATION DEVELOPMENT, EDUCATION SYSTEM, EDUCATIONAL ATTAINMENT, EMERGENCY RESPONSE, ENDOWMENTS, ENERGY CONSUMPTION, ENROLLMENT, ENVIRONMENTAL SUSTAINABILITY, ETHNIC GROUPS, EXCHANGE RATE, EXPENDITURE, EXPENDITURES, EXPLOITATION, EXTERNAL DEBT, EXTERNAL DEFICIT, EXTREME POVERTY, FAMILIES, FINANCIAL CRISIS, FINANCIAL INSTITUTIONS, FINANCIAL MANAGEMENT, FINANCIAL MARKETS, FINANCIAL SAFETY, FINANCIAL SECTOR ASSESSMENT, FINANCIAL SECTOR REGULATION, FINANCIAL SERVICES, FINANCIAL STATEMENTS, FISCAL DEFICIT, FISCAL POLICIES, FISCAL POLICY, FIXED INVESTMENT, FOREIGN DIRECT INVESTMENT, FOREIGN EXCHANGE, FOREIGN FINANCING, FUEL, FUEL COST, GAS EMISSIONS, GENDER, GENDER ASSESSMENT, GENDER EQUALITY, GENDER ROLES, GENDERS, GOVERNMENT REGULATION, GOVERNMENT SPENDING, GROSS DOMESTIC PRODUCT, GROWTH OPPORTUNITIES, GUARANTEE AGENCY, HIGH ENERGY, HIGHWAY, HIGHWAYS, HOLDING, HOUSEHOLDS, HUMAN CAPITAL, INCOME GROUPS, INCOME GROWTH, INCOME INEQUALITY, INCOME LEVEL, INFLATION, INFLATION RATES, INFORMATION SHARING, INFORMATION SYSTEM, INFRASTRUCTURE INVESTMENTS, INFRASTRUCTURE PROJECTS, INSTITUTIONAL CAPACITY, INSTITUTIONAL REFORMS, INSTRUMENT, INTELLECTUAL PROPERTY, INTEREST PAYMENTS, INTEREST RATES, INTERNAL AUDIT, INTERNATIONAL BANK, INTERNATIONAL FINANCE, INTERNATIONAL FINANCIAL SYSTEM, INTERNATIONAL STANDARDS, INVESTMENT ALLOCATION, INVESTMENT PLAN, INVESTMENT PORTFOLIO, INVESTMENT PROJECTS, INVESTMENT RATES, JUDICIAL INDEPENDENCE, KEY CHALLENGES, LABOR FORCE PARTICIPATION, LABOR MARKET, LAND USE, LEGAL FRAMEWORK, LOAN, LOCAL DEBT, MACROECONOMIC ENVIRONMENT, MACROECONOMIC STABILITY, MASS TRANSIT, METRO RAIL, MICROFINANCE, MONETARY FUND, MONETARY POLICY, MONEY LAUNDERING, MONEY SUPPLY, MULTIMODAL TRANSPORT, NATIONAL SAVINGS, NATURAL DISASTERS, OPEN ECONOMY, PEDESTRIAN, PEDESTRIAN ACCIDENT, PENSION, PEOPLES, PLEDGES, POLICY DESIGN, PORTFOLIO, PORTFOLIO PERFORMANCE, PRICE MOVEMENTS, PRIVATE FINANCING, PRIVATE INVESTMENT, PRIVATE INVESTMENTS, PROPERTY RIGHTS, PUBLIC DEBT, PUBLIC DEBT MANAGEMENT, PUBLIC FUNDS, PUBLIC INVESTMENT, PUBLIC INVESTMENTS, PUBLIC TRANSIT, PUBLIC TRANSIT SERVICE, RAIL SUBSIDIES, REGULATORY FRAMEWORK, REGULATORY FRAMEWORKS, RETURN, RETURNS, RISK MANAGEMENT, ROAD, ROAD INFRASTRUCTURE, ROAD PROJECTS, ROADS, ROUTES, SAFETY, SAFETY NETS, SANITATION, SOCIAL INEQUALITIES, SOCIAL RESPONSIBILITY, SUSTAINABLE MOBILITY, TAX, TAX REVENUE, TAX SYSTEM, TECHNICAL ASSISTANCE, TELECOMMUNICATIONS, TOLLS, TOTAL DEBT, TRADE BALANCE, TRADE FINANCE, TRADING, TRAFFIC, TRANSFER PAYMENTS, TRANSIT, TRANSIT AUTHORITIES, TRANSIT INVESTMENTS, TRANSIT SYSTEM, TRANSPARENCY, TRANSPORT, TRANSPORT COSTS, TRANSPORT INVESTMENT, TRANSPORT PLANNING, TRANSPORT SECTOR, TRANSPORTATION, TRAVEL TIME, TREASURY, TREATIES, UNEMPLOYMENT, URBAN AREAS, URBAN DEVELOPMENT, URBAN MOBILITY, URBAN TRANSPORT, URBAN TRANSPORT SYSTEM, VULNERABLE GROUPS, WEALTH