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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.
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.
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 […]
India continues to display impressive macroeconomic resilience. Key indicators such as the current account deficit, fiscal deficit, and inflation are under control, positioning the economy for sustainable growth.
France's current account deficit experienced a slight improvement in November 2024, as the latest financial data shows a reduction in the gap. Updated figures, released on January 8, 2025, indicate the current account deficit has narrowed to €1.70 billion, compared to the previous month's deficit of €1.90 billion recorded in October 2024.The improvement, although modest, marks a positive trend for the country's external balance, hinting at potential stabilization after several months of broader economic pressures. Economists will be closely watching how this trend develops in the coming months, as France continues to navigate the complexities of both domestic and global economic dynamics.This reduction in the current account deficit is a welcome sign for policymakers and investors alike, indicating more balanced trade and financial flows. However, ongoing global economic uncertainties and internal challenges still pose potential risks to sustaining longer-term improvements in France's economic indicators.The material has been provided by InstaForex Company - www.instaforex.com
Slovakia's current account deficit has expanded, with a notable increase recorded for November 2024. The Slovakian current account balance, a key indicator of economic health, reached a deficit of €339 million, rising from the previously recorded €303 million in October 2024.This growing deficit, updated most recently on January 20, 2025, suggests an increase in the value of imports over exports, tight foreign investment inflows, or shifts in domestic spending patterns. The latest figures provide evidence of mounting pressures on Slovakia's trade and economic equilibrium, and they may prompt scrutiny and discussion among policymakers seeking to strengthen the country's financial stability in 2025.The need for strategic economic adjustments could be a primary focus for Slovak authorities, particularly if the trend continues in the coming months. International economic conditions, domestic fiscal policies, and currency fluctuations will play crucial roles as Slovakia navigates this expanding deficit. Investors and analysts will be closely monitoring developments to assess future implications on the Slovak economy.The material has been provided by InstaForex Company - www.instaforex.com