The Matasnillo River (also spelled Mataznillo)Bella Vista Corregimiento is a river in Panama, traversing southward from the hills north of Panama City through the heart of the city before entering Panama Bay and the Pacific Ocean.

Geography The river is long, draining and dropping in elevation between source and mouth. The river course cuts through heavily built-up areas of Panama City, subjecting it to both industrial and residential pollution. The level of water contamination was rated as "critical", making it unfit for consumption or recreation.Panama City rivers are dirty

The river empties into the Panama Bay at the juncture of the Marbella and Punta Paitilla neighborhoods.

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