Serb 3-month current-account gap falls

Tourism

Serbia’s current-account deficit narrowed 47.7% in the first quarter as exports continued to expand and foreign investments and remittances picked up. The three-month gap of €615.2 million ($790.4 million) shrank from €1.17 billion a year earlier, according to the balance of payments report published by the National Bank of Serbia Tuesday. Exports grew 22.2% and imports 0.2% in the Q1 from a year earlier.

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