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Panama Secures €1.2 Billion Loan from Bank of America's Subsidiary

Panama City, March 6 (Reuters) - The government of Panama has secured a 1.2 billion euros ($1.29 billion) loan with a two-year term from a Bank of America subsidiary, as announced by the Economy Ministry in a statement on Thursday.

The ministry confirmed that the funding, to be provided in U.S. dollars, was approved on Friday.

(1 euro equals $0.9269)