WASHINGTON Nov 21 The Panama Canal's expansion
is driving growth and demand in Panama, where economic growth
is set to exceed 8.5 percent this year, making it one of the
fastest-growing countries in the Western Hemisphere, the IMF
said on Monday.
"Near-term prospects are favorable, although global risks
associated with economic activity and financial stability are
on the rise," the IMF said in a statement at the end of regular
economic consultations with Panama's authorities.
It said inflation would likely remain relatively high in
Panama, but should gradually decline as global commodity prices
(Reporting by Lesley Wroughton)