SKOPJE (Macedonia), November 17 (SeeNews) – Macedonia turned to preliminary current account surplus of 21.52 million euro ($32.2 million) in August from a revised deficit of 14.52 million euro a year earlier, central bank data indicated on Tuesday.
Macedonia’s second-quarter preliminary current account deficit halved to 106.08 million euro from revised 210.14 million euro a year earlier, the central bank said earlier.
Details follow (in millions of euro):
Macedonia's current account |
Aug'09 |
Aug'08 |
Total balance |
+21.52 |
-14.52 |
Goods |
-111.34 |
-143.39 |
Services |
+9.13 |
+11.49 |
Income |
-6.77 |
+3.18 |
Current transfers |
+130.50 |
+114.20 |
Capital and financial account |
-21.23 |
+6.03 |
Direct investments (net) |
+26.24 |
+42.49 |
Portfolio investments (net) |
-9.34 |
-6.25 |
Other investments (net) |
+72.15 |
+9.54 |
Gross reserve assets |
-113.27 |
-39.90 |
NOTE: Macedonia's central bank publishes monthly, quarterly and annual figures for the country's balance of payments. Figures can be revised until they are included in the annual report.
($ = 0.6686 euro)