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The speakers evaluate the improvement in the current account deficit as a percentage of GDP, the role of service revenues in financing, and developments in the foreign trade structure.
The speaker states that a current account surplus of $460 million was recorded in October, with market expectations at $200 million. It is noted that the annualized current account deficit was $22 billion in October, and a $7 billion surplus was observed in the current account excluding gold and energy. While the current account surplus trend continues since July, the increase in imports is also considered a risk factor for the current account deficit.
The speakers evaluate the improvement in the current account deficit as a percentage of GDP, the role of service revenues in financing, and developments in the foreign trade structure.
The speaker states that a current account surplus of $460 million was recorded in October, with market expectations at $200 million. It is noted that the annualized current account deficit was $22 billion in October, and a $7 billion surplus was observed in the current account excluding gold and energy. While the current account surplus trend continues since July, the increase in imports is also considered a risk factor for the current account deficit.