Panama City boasts approximately 10 world-class malls and scores of smaller indoor shopping venues and strip malls throughout its metropolitan area, a fact that makes the metropolis the most coveted shopping destination south of Miami, in addition to our dollarized economy, low taxes, and the presence of a variety of name brands and products from around the world. Each year, the country promotes the “Panama Black Weekend” –three full days of major discounts and promotions at the main shopping venues.