The monthly economic activity of the Panama appears to slow down by 3.45 percentages in month of august in same year. The performance however appeared to the same as in July that shown the decline of the 3.44 percentage. Therefore, both the months represents the gradual fall since the year 1999 when the govt. started developing the index. August now has become the fifth consecutive month where the economic activity seemed a comparable with the last year performance. The accumulate figure attempt to figure eight months of the same year that has remain fraction high enough that the last year of months.
The area of the general republic of the comptroller accordingly include the sector like electric, construction, quarrying, monitoring, social services, communication and the mining. The sectors that are declined from the general republic are the agriculture, trade, fishing, manufacturing, storage and the financial services.
Additionally, the effect of the economic crisis where Panama never emerged unscathed in the two consecutive months of July and August and it has been formation of new administration. The decreasing parts could be the attribute that adjusted new government to had then negative impact with the global finance crisis. The former president of the Panamanian associations Enrique De Obarrio has said among the business executives meeting.
The minister of economy and finance has stated that the negative value of economical figure has not prompted among the projects in any economic activity from the month September to December.