Today news
About the same in other media
Panama GDP growth expected to slow to 2.5% in 2024 on First Quantum mine closure, IMF says
Reading now: 117
(Reuters) — Panama's economy is expected to see growth slow in 2024 to 2.5%, from 7.5% in the previous year, as a result of the closure of First Quantum Minerals (OTC:FQVLF)' lucrative copper mine in the country, the International Monetary Fund (IMF) said on Monday.
Gross domestic product (GDP) is expected to gradually improve over the medium term, but the mine's closure does entail the permanent loss of about 0.6% of GDP in fiscal revenues and 7.5% of exports of goods and services, the IMF said.
Read more on investing.comAbout this in other media
Moody's upgrades India's 2024 GDP growth forecast to 6.8% livemint.com /8 months ago
China to reveal 2024 GDP growth target at National People’s Congress, likely to avoid bold reforms livemint.com /8 months ago
Strong GDP growth, weak monsoon drove up India's energy-related carbon emissions in 2023: IEA economictimes.indiatimes.com /8 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
