Serbia c/a gap shrinks in August
Photo by ToskanaINC / Shutterstock.com
Serbia’s current account deficit narrowed to USD 153 million in August from USD 163 mln in the same month of the previous year, the Belgrade-based central bank said in a statement.
The entrance to the National Bank of Serbia in Belgrade. Photo by ToskanaINC/Shutterstock.com
The goods and services gap fell to USD 273 mln from USD 417 mln. On the other hand, the primary income shortfall widened to USD 272 mln from USD 240 mln in August 2018 and the secondary income surplus declined to USD 391 mln from USD 495 mln, the National Bank of Serbia said.
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.