International Monetary Fund
Description
The external current account in South Africa has strengthened significantly in 1999, mainly owing to a large decline in imports. Compared with a defic
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it of about 1.5 percent of GDP in recent years, it is close to balance during the first three quarters of 1999. A resumption of investor confidence has led to an increase in international reserves and facilitated a decline in the net open forward position (NOFP). The external current account deficit has declined to 0.2 percent of GDP during the first three quarters of 1999.
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Genres
Business & Economics
Tags
Business & Economics
Economics
Production & Operations Management
Macroeconomics
Exports & Imports
Reading Moods
No reading moods specified
Contributors
No contributors specified
Publishing Info
Publisher
International Monetary Fund
Month-Year
Mar, 2000
ISBN
ISBN-13: 9781451840957
ISBN-10: 1451840950
Language
English
No. of Pages
187
Format
Paperback
Awards & Recognition
No awards specified
Available at
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