Macedonia’s preliminary current account deficit halved to 106.08 million euro in the second quarter of 2009 from a revised gap of 210.14 million euro a year earlier, the central bank said earlier.
Details follow (in millions of euro):
Macedonia's current account | July'09 | July'08 |
Total balance | +27.79 | -34.29 |
Goods | -117.61 | -164.41 |
Services | +9.00 | +4.37 |
Income | -5.67 | +5.86 |
Current transfers | +142.07 | +119.89 |
Capital and financial account | -37.58 | +38.09 |
Direct investments (net) | -31.31 | +21.65 |
Portfolio investments (net) | +161.31 | +3.12 |
Other investments (net) | +18.55 | +27.17 |
Gross reserve assets | -190.31 | -14.01 |
NOTE: Macedonia's central bank publishes monthly, quarterly and annual figures for the country's balance of payments. Data can be revised until it is included in the annual report.
($ = 0.6795 euro)