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    Panama govt opens door for financing for up to $9 billion By Reuters


    PANAMA CITY (Reuters) – Panama’s government passed two decrees on Tuesday allowing the economy ministry to seek a cumulative $9 billion in financing, Panama’s council of ministers said in a statement.

    © Reuters. FILE PHOTO: A general view of the skyline of Panama City, Panama April 7, 2016. REUTERS/Carlos Jasso/File Photo

    The first decree permits the issuance of treasury notes on the local market for up to $6 billion, with maturities between two and 10 years.

    The second allows the economy ministry to subscribe to financing schemes with local and international institutions for up to $3 billion.


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