Panama Transnational Issues - 2004

Illicit drugs:
major cocaine transshipment point and primary money-laundering center for narcotics revenue; money-laundering activity is especially heavy in the Colon Free Zone; offshore financial center; negligible signs of coca cultivation; monitoring of financial transactions is improving; official corruption remains a major problem

NOTE: The information regarding Panama on this page is re-published from the 2004 World Fact Book of the United States Central Intelligence Agency. No claims are made regarding the accuracy of Panama Transnational Issues 2004 information contained here. All suggestions for corrections of any errors about Panama Transnational Issues 2004 should be addressed to the CIA.