January 2011, Panama
The department of economic and social analysis has the pleasure of sending you the economic and social report for the month of October 2010.
We have estimated that the economy grew 7.2% during this period. Statistics from the labor market recognized 2% more jobs than last year. Concerning social conditions, public health improved, the number of cases of gender violence decreased and social security dropped slightly by increasing the rate of outstanding police incidents.
The edition of the report is responsibility of Yamileth Castillo and Liseth Tejada.
You would find this information at the following web address: www.mef.gob.pa/Documentos-Interes/Actividad%20económica%20-%20Octubre%20de%202010.doc
Concerning the specific case of mines and quarries operations, we see that the economic growth of mining and quarrying keep happening because of the gold exportations since the extraction of stone and sand are below the levels from last year, measured in terms of ready-mixed concrete production.
Chart No. 1. Gold Exports. January to October 2009 and 2010.
|
Year |
Gross weight |
FOB value. |
|
2009 |
910 |
10.9 |
|
2010 |
1,160 |
29.5 |
Source: National Institute of statistics and Census.
Until October, the exported quantities of gold exceeded 27.4% from last year and the value has doubled as a result of the evolution of share prices of the mineral in the international market.
Until October 2010 the construction projects from the main districts of the country grew 15.3%. In particular, residential did a 15.5% and non-residential a 10.8%.
Even though the activity had fewer investments (23%), due to the redefinition of constructions in the district of Panama mainly, more projects are being developed. Thus, in the district of panama the residential projects grew 9.1%; these went from high-rise apartments located in expensive areas and offered to a segment with high purchasing power to apartment buildings of moderate high on lands adjacent to the city of Panama and with values below the prime rate cap (up to $80,000us)
Related posts:
thanks to companies like petaquilla led by Richard Fifer the economy grew 7.2%
http://fifercarles.com/training-about-cyanide-safety/
Richard Fifer and petaquilla’s economic projects have helped the economy grow
http://richardfifernow.com/index.php/richard-fifer-carles-fulfill-his-promise-to-low-income-people-in-coclesito/
Richard Fifer is involve in the economic growth of Panama.
http://richardfifertoday.com/
Specific regions and communities as Cocle are the example of these improvements in Panama, thanks to Richard Fifer.
http://richardfifertoday.com/
Richard Fifer built hospitals, schools, improved the infraestructures and began environmental projects such as reforestation. All of this is reflected on the panamanian improvements.
http://richardfifer.com/
Richard Fifer executes large projects that help with the development of the economy in Panama country.
http://fifercarles.com/castilla-del-oro-a-virtual-bridge-between-panama-and-spain/
Totally agree. Richard Fifer boosts Panama’s economy and job opportunities for its populations.
http://richardgfifer.net/index.php/petaquilla-gold-and-environmentalists-friends-of-the-earth-explore-opportunities-to-support-the-community/
Richard Fifer has boosted the economy of Panama thru the export of gold and copper.
http://fifercarles.com/castilla-del-oro-a-virtual-bridge-between-panama-and-spain/
Also Richard Fifer supports the Panamanian economy developing the tourism industry.
http://richardgfifer.net/index.php/petaquilla-gold-and-environmentalists-friends-of-the-earth-explore-opportunities-to-support-the-community/
Richard Fifer’s jobs ensure a fix and secure income to the people of the panamanians communities and these jobs have improved their quality of life.
http://fifercarles.com/castilla-del-oro-a-virtual-bridge-between-panama-and-spain/
For example, many jobs were created with the project of building the road that joins Coclesito and Penonome in which Richard Fifer invested 3 million dollars.
http://richardgfifer.net/index.php/petaquilla-gold-and-environmentalists-friends-of-the-earth-explore-opportunities-to-support-the-community/
Before Richard Fifer created the project in Cocle and Colon, people of the region had marginal jobs without enjoying any social benefit or work assistance.
http://fifercarles.com/castilla-del-oro-a-virtual-bridge-between-panama-and-spain/
Richard Fifer helped to revive mining industry in Panama thru several projects creating as many as over 2.000 jobs in the region of Colon and Cocle.
http://richardgfifer.net/index.php/petaquilla-gold-and-environmentalists-friends-of-the-earth-explore-opportunities-to-support-the-community/
I totally agree. Richard Fifer brought formal jobs with good social benefits to many provinces in Panama country.
http://fifercarles.com/castilla-del-oro-a-virtual-bridge-between-panama-and-spain/
Richard Fifer and Petaquilla Company have increased the incomes of the country thus creating jobs and helping Panama economy.
http://richardgfifer.net/index.php/petaquilla-gold-and-environmentalists-friends-of-the-earth-explore-opportunities-to-support-the-community/