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Wednesday, July 23 2014 @ 10:33 PM EDT

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Price Controls Cause 20% Increase In Other Products

Money MattersThe savings of $58.00 per month promised by the President Juan Carlos Varela after price controls were implement is turning out to be another lie told during a political campaign, according to experts in the field of consumer protection. (more)

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Panamanian Economy Will Grow By About 7% in 2014

Money MattersPanama's real gross domestic product (GDP) will grow between 6.5% and 7% this year, according to projections estimated by the Panamanian Ministry of Economy and Finance (MEF), an official said today. (more)

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CCIAP: Price Controls Are Not Effective

Money MattersNow two weeks after the implementation of an Executive Order establishing price controls on 22 basic food products, the president of the Chamber of Commerce, Industries and Agriculture of Panama (CCIAP), Josť Luis Ford maintains his position that "price controls are not effective." (more)

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Martinelli Increased Panama's Public Debt By $6.837 Billion In Five Years

Money MattersPublic debt contracted the government of Ricardo Martinelli exceeded all expectations of local and international analysts. (more)

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ANIP Hunting Down Martinelli's Friends For Tax Payments

Money MattersPanama's National Revenue Authority (ANIP) is investigating several companies with commercial ties to Gabriel Btesh and Ricardo Francolini, according to a source within the institution. (more)

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Emergency Price Controls Take Effect Today

Money MattersThe executive degree signed on Monday freezing prices on 22 basic food products takes effect across the country. (more)

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Martinelli Leaves Behind A Staggering Public Debt

Money MattersThe debt being left behind by the government of Ricardo Martinelli exceeded the imagination of all local and international analysts. (more)

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Panama Leads Central America - Foreign Direct Investment Up 61% in 2013

Money MattersA report released by the Economic Commission for Latin America and the Caribbean (ECLAC) said Panama achieved an increase in foreign investment, which amounted to $4.651 billion dollars. (more)

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State revenues fall short

Money MattersThe current revenue in the first quarter of 2014 were 200.4 million dollars under budget (projections). (more)

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Panama's Economic Growth Leads The Region

Money MattersEconomic growth in Panama will lead the American continent in 2014 and 2015. (more)

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