The deficit of the current account for the first two months of 1997 was 11.1 billion Sk. According to NBS the deficit of the current account was mostly influenced by the deficit of the trade account which amounted to 10.8 billion Sk.
The capital and finance element of the payment account of SR over the same period reached 8.7 billion Sk. In the framework of the finance account there was a continued absence of long term capital in the form of direct investments and long term loans to companies.
The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.
For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +421 7 5340 545, fax: +421 7 5340 542 or e:mail directly to [email protected] or enter text search 'Arthur Andersen' and 'Business Monitor'.
The capital and finance element of the payment account of SR over the same period reached 8.7 billion Sk. In the framework of the finance account there was a continued absence of long term capital in the form of direct investments and long term loans to companies.
The information in this newsletter is correct to the best of our knowledge and belief at the time of going to press. Specific advice should be sought, however, before investment and other decisions are made.
For further information contact Ruth Clamp, Arthur Andersen Bratislava on tel: +421 7 5340 545, fax: +421 7 5340 542 or e:mail directly to [email protected] or enter text search 'Arthur Andersen' and 'Business Monitor'.
