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Fiscal Restrictions

PANAMA

Reported in October 2014

Chapter Public Procurement  |  Sub-chapter Preferential purchase schemes covering digital products and services
Executive Decree No. 366
There are no preferences for domestic suppliers in Panama's procurement procedures, but there is provision for promoting competitive participation by micro, small and medium enterprises (MSMEs). This is set out in Executive Decree No. 366, which stipulates that, when bids are equal, if one of the bidders is an MSME, it should be awarded the contract.
Coverage Horizontal
Source
  • WTO Trade Policy Review Report by the Secretariat, Panama, Document WT/TPR/S/301/Rev.1, 14 October 2014
Fiscal Restrictions

PANAMA

Reported in 2015

Chapter Public Procurement  |  Sub-chapter Preferential purchase schemes covering digital products and services
Political influence
Political interests are reported to have often influenced procurement decisions. Panamanian business leaders have expressed concerns regarding what they believe is excessive use of sole-source contracting. U.S. firms have expressed concerns about how the government of Panama establishes and evaluates the criteria used to select a procurement winner.
Coverage Horizontal
Source
  • USTR, 2015 National Trade Estimate Report on Foreign Trade Barriers: https://ustr.gov/sites/default/files/2015%20NTE%20Combined.pdf

Fiscal Restrictions

PANAMA

ITA signatory? I II

Chapter Tariffs and Trade Defence  |  Sub-chapter Applied tariffs on digital goods
Average MFN rate
4.15%
Weighted average MFN rate
2.17%
Maximum tariff rate
15%
Coverage rate of zero-tariffs
46.75%

Coverage: Digital goods
Sources