Lithuania’s Current Account Deficit Drops by 11% in the 5 Months of 2003
Published:
22 August 2003 y., Friday
Lithuania’s current account deficit decreased by EUR 254 million in the first five months of the year, which is a decline of 10.7% if compared to the same period of the previous year.
The bank of Lithuania has attributed the decline in current account deficit to diminishing foreign trade deficit and an almost four fold increase in the surplus of current transfers.
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