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International Living, Ireland, December 20, 2006

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The Leader of the Year? Who Else…

December 20, 2006
Panama City, Panama

Panama President Martin Torrijos has been named Leader of the Year by Latin Business Chronicle, a weekly online journal specializing in Latin America's business and technology. It publishes special reports, news, opinion and commentary as well as the widely quoted Latin Business Index and Latin American Globalization Index.

According to Joachim Bamrud, editor-in-chief of Latin Business Chronicle, "Torrijos has brought a combination of pro-business policies and efficient leadership. He deserves praise for moving quickly on the plans to expand the Panama Canal, which is a key transhipment point for worldwide cargo traffic." 
 
Panama's economy is expected to grow by 7.2 percent this year and another 6.7 percent next year, which will be the highest rate in all of Latin America, according to IMF data. Martin Torrijos has also passed key fiscal reform, signed a free trade agreement with Chile and started negotiations for free trade agreements with the United States and the European Union.

Read the full story here. After you read it, I think you will agree that Panama has many, many great things going for it. There has never been a better time for this country and its economy.

Torrijos is a winner on his home turf, too. A clear majority of Panamanians – 61% – rate his performance as excellent or good, according to a recent poll by Dichter & Neira published in the daily newspaper La Prensa. Take it from me; a happy constituency makes for a nice place to live.

Best Regards,

Brandon Clogston
International Living / Panama

P.S. If you’d like to see for yourself what a booming economy looks like (and what a bargain it is to live here) come to Panama in January. Join us here for the International Living Live and Prosper in Panama Seminar January 30-February 1. And please stick around and travel with me afterwards on our optional post-seminar real estate tour. Find out more here.

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