51.79% 40 003 842 11 593 437 13 662 415 14 747 990 1987 1 160.40% 4 817 725 1 624 680 2 644 325 548 720 1990 87.86% 32 323 376 15 707 187 5 248 734 11 367 455 1991 95.05% 31 132 459 15 342 274 9 281 150 6 509 035 1992 39.37% 43 568 006 18 255 786 6 013 895 19 298 325 1993 1994 60 722 592 11 080 633 38 924 944 10 717 015 1995 According to figures 7.22% 56 634 321 18 575 567 18 725 327 19 333 427 Source: Economic Intelligence Service, CAPAC (Chamber of Construction of Panama. of the municipality of the district of Panama. 82.51% 33 270 471 1st quarter Growth for 1995 13 805 008 6 779 423 February March 12 686 040 1985 January YEAR DISTRICT OF PANAMA (balboas) VOLUME OF INVESTMENT IN CONSTRUCTION Annex IV - 139 -

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