Esteban Tamayo

Esteban Tamayo

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Esteban Tamayo is an economist at Citi specializing in the Andean region. He has been vocal about the fiscal challenges faced by Panama, emphasizing the need for significant reforms to improve revenue generation and manage the country's rising debt levels. Recently, he highlighted the government's reliance on short-term financing strategies to navigate its fiscal deficit, warning that without substantial changes to tax policy and expenditure management, achieving fiscal balance would be increasingly difficult.

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Recent news mentions

Esteban Tamayo warns about the high risk of Panama losing its investment grade.

Citi prevé alza del PIB, pero alerta que Panamá podría perder grado de inversión
La Prensa – leading Panamanian daily, est. 1980·PanamaPanama· 2025-08-13
5.0

Esteban Tamayo is the principal economist for Colombia, Peru, Central America, and the Caribbean, discussing electoral expectations.

Economía de Perú crecería 2,9% este año, proyecta Citi Research: ¿por qué su estimación es más cauta y qué se espera para la región? | citi research | economía peruana | américa latina | pbi | elecciones | ECONOMIA
El Comercio·PeruPeru· 2025-08-06
6.0

Esteban Tamayo indicated that the Panamanian government is focused on obtaining short-term financing through local emissions and bank loans.

Gasto público superó en $1,441 millones los ingresos durante el primer trimestre
La Prensa – leading Panamanian daily, est. 1980·PanamaPanama· 2025-05-13
5.0