Standard & Poor’s (S&P) has maintained Panama’s credit rating at BBB- with a stable outlook. This decision releases funds for infrastructure projects, scholarships, health, and security. Investors see Panama as a more reliable country, which attracts businesses, opportunities, and formal jobs. The economy becomes more stable, meaning fewer worries for families. With increased confidence from abroad, the country can finance infrastructure that boosts the economy and creates jobs. The Government's Message The Government states it will continue to work on: Gradually reducing the deficit to reach 4% of GDP by 2025. Carefully managing debt. Promoting projects that bring growth, competitiveness, and employment. Modernizing the State with more transparency and efficiency. Ultimately, this rating maintains Panama as a country that, despite its problems, continues to show seriousness and a desire to move forward, sending a clear message to the markets and, above all, to the people: the economy is moving with control and sound judgment. While many people are worried about the cost of living and economic fluctuations, good news has come from abroad: Standard & Poor’s has given us another 'yes' and kept Panama's rating at BBB- with a stable outlook. In simple terms: those who lend money still trust that Panama will pay its debts and won't lose control. According to the report, Panama's economy has shown that it remains firm even when faced with challenges. They also mentioned that the economy here is diverse: logistics, services, construction, energy, and even technology are all driving growth. Why did they maintain our rating? Because, according to the rating agency: The government is following a clear path to reduce the deficit, complying with the Social Fiscal Responsibility Law. Debt is being managed more prudently: less pressure, better terms. The use of funds has improved, processes are being digitalized, and there is more transparency. They trust that Panama will maintain macroeconomic calm, increase revenue collection, and not get overwhelmed by debt. And how does this help the average Panamanian? Here's what people want to know: With a good rating, the country can secure cheaper loans, meaning it pays less in interest. S&P highlighted that the country has pursued a serious financial line, tightening where necessary and getting its house in order so that the numbers add up.
