Serbia c/a deficit narrows in May
Photo by ToskanaINC / Shutterstock.com
The current account gap in Serbia shrank to USD 58 million in May from USD 128 mln in the corresponding month of the previous year, the National Bank of Serbia reported.
Photo by ToskanaINC / Shutterstock.com
The goods and services deficit narrowed to USD 284 mln from USD 345 mln in May of 2019 and the primary income shortfall fell to USD 31 mln from USD 158 mln. On the other hand, the services surplus declined to USD 257 mln from USD 374 mln.
Considering the first five months of the year, the current account gap narrowed to USD 1.246 billion from USD 1.354 bln in the same period a year earlier, the NSB said.
ADVERTISEMENT
Gloster H1 Revenue Climbs 24%
V4 Agri Officials: WTO Case Over Grain Bans 'Unfortunate'
AutoWallis Green Investment Project Value Reaches HUF 3 bln
Budapest Muni Council Clears Rác Baths Renovation
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
