Panama Canal revenues up 11%

894Views 25Comments Posted 11/08/2021

The Panama Canal, which marks 107 years of operations on Sunday, August 15, has continued to work uninterruptedly  to provide services as a transit route for world trade despite the pandemic and reports r total revenues of $2.13 billion in the first nine months of fiscal year 2021, with a growth of $322 million or 11% compared to the same period. last fiscal year.

The main sources of income for the Panama Canal Authority (ACP) are tolls, the charge for fresh water, reservations, other services related to transit, the sale of drinking water, the sale of electricity and other miscellaneous income.The budget for the interoceanic highway for fiscal year 2021, which will be completed on September 30, estimates total revenues of $3,308.9 billion and contributions to the National Treasury of $1,760.3 billion.