Current payment deficit lower

Serbia's deficit of the current balance of payments was EUR 979mn, 68 percent lower than in the same period of 2008, the Economic Institute said.

Izvor: Tanjug

Sunday, 13.09.2009.

18:17

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Serbia's deficit of the current balance of payments was EUR 979mn, 68 percent lower than in the same period of 2008, the Economic Institute said. Serbia's exports in July 2009 totaled EUR 538mn, 25.8 percent less than in the same month of 2008, and its imports were worth EUR 943mn, 47 percent down on last year. Current payment deficit lower In 2008, Serbia registered record values of EUR 725mn in exports and EUR 1.49bn in imports. The main reasons for the high decrease in the deficit was a drop in the trade deficit and absence of investments and loans, the institute said.

Current payment deficit lower

In 2008, Serbia registered record values of EUR 725mn in exports and EUR 1.49bn in imports.

The main reasons for the high decrease in the deficit was a drop in the trade deficit and absence of investments and loans, the institute said.

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