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

By Jerry 
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.
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.
Source: REUTER

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