November 19 (SeeNews) - Macedonia's August current account balance showed a preliminary surplus of 72.53 million euro ($106.1 million), as compared to a surplus of 30.19 million euro a year earlier, central bank data showed on Monday.
Macedonia had a revised current account deficit of a 12.58 million euro in July.
The country narrowed its current account gap to 18.9 million euro last year from 81.5 million euro in 2005.
Details follow (in millions of euro):
| Macedonia's current account |
August'07 |
July'07(revised) |
August'06 |
| Total balance |
+72.53 |
-12.58 |
+30.19 |
| Goods |
-60.58 |
-113.52 |
-78.12 |
| Services |
+7.56 |
+5.46 |
+4.34 |
| Income |
+9.04 |
-24.03 |
+2.47 |
| Current transfers |
+116.52 |
+119.50 |
+101.49 |
| Capital and financial account |
-72.27 |
+20.01 |
-29.06 |
| Direct investments (net) |
-13.59 |
+26.33 |
+1.53 |
| Portfolio investments (net) |
+8.79 |
+6.18 |
+3.34 |
| Other investments (net) |
-31.99 |
+13.74 |
+42.08 |
| Reserve assets |
-35.25 |
-30.49 |
-75.21 |
| Net errors and omissions |
-0.25 |
-7.43 |
-1.13 |
NOTE: The central bank publishes final monthly figures for the balance of payments in its annual reports. Monthly statistics could be revised until included in the annual report.
($=0.6836 euro)