• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Economy

IMF approves $2.7 billion line of credit to Panama for pandemic fallout

5 years ago
in Economy, highlights, Home, home-news, latest News
1 min read
0 0
0
A city in Panama - norvanreports

A city in Panama - norvanreports

60
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Banking Sector the Most Robust and Advanced Sector in Fight Against Money Laundering – Report

West Africa: Ghana Flagged as Target for Illicit Financial Flows in Latest National Risk Assessment

Central Bank Raises GH¢2.34bn in Short-Term Bill Sale at Nearly 25% Yield

The International Monetary Fund (IMF) said on Tuesday it had approved a $2.7 billion line of credit for Panama to address the coronavirus pandemic.

The IMF’s executive board approved the two-year arrangement under its Precautionary and Liquidity Line (PLL) to serve as “insurance against extreme external shocks” that the pandemic’s economic fallout causes.

In determining the Central American country’s eligibility for PLL, the lender cited in a statement Panama’s “sound economic fundamentals, strong institutional policy frameworks, long track record of good economic performance and policy implementation.”

The line of credit will help support what the IMF described as an “adequate level of spending” on health care and other social programs designed to cushion the pandemic’s blow in Panama.

The press office of Panama’s economy and finance ministry did not immediately respond to a request for comment.

IMF Deputy Managing Director Mitsuhiro Furusawa, in the statement, praised the government’s pandemic containment efforts to date as well as its approval of deficit spending to ensure more funds reach healthcare services.

Source: reuters
Via: norvanreports
Tags: $2.7 billion line of creditInternational Monetary Fund (IMF)Panamapandemic falloutPrecautionary and Liquidity Line (PLL)
No Result
View All Result

Highlights

Summer 2025 Transfer Window: Record-Breaking Moves Reshape European Football

Chamber of Mines Cautions Government Against Halving Mining Lease Tenure

Sidi Ould Tah Assumes Office As 9th President of the African Development Bank Group

Angola to Begin Fuel Production at First New Refinery in 50 Years

Fuel Prices Adjust Across Pumps as Cedi Depreciation Offsets Global Oil Decline

BoG Forex Rules Aiming to Ease Dollar Demand, Shift Exchange Burden to Residents – Dr Theo Acheampong

Trending

Banking & Finance

Banking Sector the Most Robust and Advanced Sector in Fight Against Money Laundering – Report

September 2, 2025

Banking Sector the Most Robust and Advanced Sector in Fight Against Money Laundering - Report Ghana’s banking...

West Africa: Ghana Flagged as Target for Illicit Financial Flows in Latest National Risk Assessment

September 2, 2025

Central Bank Raises GH¢2.34bn in Short-Term Bill Sale at Nearly 25% Yield

September 2, 2025

Summer 2025 Transfer Window: Record-Breaking Moves Reshape European Football

September 2, 2025

Chamber of Mines Cautions Government Against Halving Mining Lease Tenure

September 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.