Panama's Measures to Control Wage Bill Growth Are Credit Positive
ISSUER COMMENT SOVEREIGN & SUPRANATIONAL APRIL 24, 2017 Panama’s Measures to Control Wage Bill Growth Are Credit Positive From Credit Outlook Last Monday, the government of Panama (Baa2 stable) announced that it will freeze hiring for 50% of the job openings in the public sector. The measure is credit positive because it seeks to contain growth in the government’s wage bill, which through Marc
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