PANAMA   has been removed from the “grey list” of the Financial Action Group of the OECD  meeting in Paris.

The news came from Minister of Economy and Finance Dulcidio De La Guardia who is in the French capital, and his  “Good for Panama” Tweet was quickly followed by  one from President Juan Carlos Varela who called the  decision a "triumph for the country," and said it was the result of a "new era of  transparency"

Panama was added to the list in June 2014 shortly before the current government took office.

A technical mission of the Financial Action Group made an official visit to Panama in mid-January to assess the progress that had been made in the country in the fight against money laundering.