Central America, Mexico, Panama and Dominican Republic (CID)
Panama’s development faces the following challenges: strengthening public finances, increasing revenue, and making expenditure more efficient. The country needs to develop basic infrastructure especially in the country’s provinces beyond the provinces of Panama and Colón in order to expand economic and social opportunities in areas outside the Canal Zone to reduce high levels of poverty; and facilitate access to quality services in education, health, and nutrition, particularly in the indigenous territories and in rural areas.
The Bank’s Country Strategy with Panama for 2010-2014 focuses on the following sectors: public finance; transport; water and sanitation; energy; education; and health. The Bank also supports the strengthening of country systems in the areas of financial management, government procurement, and the environment.