Saturday, August 26, 2006

Balance of payments: Deficits


Poland outlook

Polish international investment position has improved from last year. Current account deficit fell from $10 billion in 2004 to $4.3 billion in 2005. As percentage of GDP, it declined to 1.4% in 2005. Income balance continuous to remain in the red territory and slipped to a negative of $10.5 billion in 2005, as compared to a deficit of $11.5 billion last year. Reserve assets jumped to $8 billion in 2005 from
$790 million in 2004.

For complete IIPM article click here

Source:- IIPM Editorial, 2006

Editor:- Prof. Arindam chaudhuri

Visit also:- IIPM Publication and Business & Economy

No comments: