Panama and the World Bank

The World Bank Group, composed of five institutions, works together with the Panamanian government to reduce poverty and increase prosperity.

[2] In the past decade, Panama's annual growth has increased by 7.2% in the span of 12 years, making it one of the fastest growing economies in the world.

[7] Following the goals of the CPF, the Panamanian government ensures the support of growth through the economy with investments in infrastructure and logistics projects.

[8] The Support for the National Indigenous Peoples Development Plan was first voted on March 15, 2018 as part of Panamas continuous efforts of increased inclusivity and fairness.

In their efforts to strengthen shared prosperity in Panama, the Panamanian government, along with the help of the World Bank, approved the Burunga Wastewater Management Project on March 17, 2017.

According to the World Bank, this project is set to address the serious health risks that arise from the untreated wastewater in Panama.

[14] Despite Panamas economic success, the measures of student enrollment, completion and retention differs significantly between urban and indigenous/rural communities.

Problems of internal efficiency have been cited as the number one obstacle in Panamas education system, that of which most effects the poor and indigenous.