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Discover Latest #Current account deficit News, Articles and Videos with Contenting
Current account deficit News, Articles and Videos Current account deficit is the difference between a country’s total imports and exports. A country is said to have a current account deficit if it imports more goods, services, and investments than it exports. This is a reflection of the country’s negative balance of payments. A current account deficit can be caused by a number of factors, including a low savings rate, high levels of consumption, or large investments abroad. In some cases, a current account deficit can be a sign of economic strength, as it can indicate that a country is a net importer of goods, services, and capital. However, if a country’s current account deficit persists for an extended period of time, it can become unsustainable and lead to economic problems.
Indian economy well placed to handle any kind of spillovers from global events: RBI Guv - The Economic Times
RBI Governor Shaktikanta Das stated that the Indian economy and financial sector are in a strong position. India's external sector is robust, and the current account deficit remains manageable. Das highlighted India's significant foreign exchange reserves. He acknowledged the presence of inflation but expressed confidence in its moderation.
PHL’s twin deficits to persist — Nomura - BusinessWorld Online
THE PHILIPPINES’ twin fiscal and current account deficits are seen to persist, Nomura Global Markets Research said. In its Global Macro Outlook 2025 report, Nomura said the Philippines’ twin deficits will “remain significant.” “In the Philippines, we expect the government to slightly miss the targets under its medium-term fiscal framework (MTFF), running a still-large deficit […]