The Economic Commission for Latin America and the Caribbean(CEPAL), insured that Panama’s economic growth rate will be the highest in Latin America.  The report presented stresses that Panama’s economic growth will be maintained during 2007, with an increase of 8.5% in gross internal product. The financial future of Panama is looking better than ever. 

Cepal official, Jurgen Weller, indicated that Panama's economic growth  has long-term sustainability.  He specified that Panama’s economic growth has been impelled by the performance seen in worldwide commerce.  For Weller, Panama’s economic growth is also determined by internal factors such as:  increase in the internal demand for credit, construction, and foreign investment. Statistics for this organization situates Panama’s economic growth as number one, followed by Trinidad and Tobago in second place with 8.0%; while Argentina and The Dominican Republic hold third place at 7.5%.

Cepal advised that economic growth in Panama will continue to be in 2008, the country with the highest rate in Latin America with 7.5%. Panama’s economic growth tendency will maintain invariable at the moment, nevertheless they advised that the manual labor profile should be improved as well as the reduction of high level poverty in the population. Another important element which favors Panama’s economic growth is the political vision for approval of the expansion of the Panama Canal, which directly falls within the perspectives of Panama’s economic growth, at medium term. 

Figures from the  Comptroller’s Office Statistics and Census Administration reveal that the unemployment rate in Panama has been reduced to 7.3%. Their Comptroller Carlos Vallarino, attributed the current trend , in part, to the boom of the construction sector and the rate will continue to drop.

Looking forward to 2009, the government implemented a plan to fight unemployment and poverty, based on the development of a model for Panama’s economic growth open in all its sectors and oriented towards the international market.  This model of Panama’s economic growth is the best way to secure an adequate assignment of the economic resources, which allow for the productivity of increasing exports, which will facilitate the creation of good paying jobs.

For the state of Panamas economy to benefit all sectors, a better distribution of incomes is required, this is why the plan drives two ways:  by an intermediate of improving Panama’s economic growth, with more creation of quality jobs and more opportunities, and through de development of human capital, that will permit an equal distribution of natural wealth the capacity to generate incomes, and in this way favoring Panama’s economic growth for all Panamanians.