-266.80-241.009.96-291.821960 - 2024USD BillionQuarterly SA CompareCurrent Account by Country News Stream US Current Account Widens More than Expected The United States recorded a current account deficit of $266.8 billion in the second quarter of 2024, widening from the $241 billion gap in the ...
We forecast that Uganda’s current account deficit will widen from an estimated 9.5% of GDP in 2022 to 9.7% in 2023, chiefly reflecting above-trend import growth. In 2024, the
1 Many different explanations of the cause of the deficit have been offered, and to varying degrees we believe that all may have played a role in the evolution of the deficit: low private saving in the U.S. generated by financial innovations or asset price inflation; large public-sector ...
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b.(as modifier):a current-account deficit. Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014 current account The part of the balance of payments composed of the balance of trade ...
Current account deficit drops 32pc Guinigundo said it was not a surprise that current account is growing because of an expanding economy, in fact the Philippines - despite a lower-than-expected first quarter GDP increase of 5.6 percent - remains to be one of the fastest growing economies in...
Since then, spending has crept up again despite thesequester. Congress and the president rely on deficit spending to boost economic growth.6Butdeficit spending is out of control. It rises each year, even when the economy is doing well. ...
Automation, particularly in manufacturing, is another significant factor contributing to the decline in manufacturing jobs. However, there has been a tendency to blame trade with China, for the decline in manufacturing employment. The US trade deficit in goods with China is only 1% of GDP and the...
The aim of the scheme is to cut down gold imports and lower the current account deficit. The scheme retains the incentives offered in the earlier tranche—of 2.5% interest rate and capital gains tax exemption on redemption.Sovereign gold bonds will be sold every month from October 2018 to ...