Cobre Panamá employee. (Picture by First Quantum Minerals).
Panama’s short-term financial outlook is topic to vital uncertainty, the Worldwide Financial Fund (IMF) stated on Thursday, because the nation offers with the fallout from the closure of a profitable copper mine run by First Quantum.
Key dangers to Panama’s financial system embody a possible lack of investment-grade standing from credit standing businesses, additional social unrest and worldwide arbitration proceedings over the halt to copper mining, the IMF stated in a press release.