Spectator on facebook

Spectator on facebook

Account deficit rises to nearly Sk4 billion

Preliminary figures from the National Bank of Slovakia (NBS) show that Slovakia's deficit on the current account of the balance of payments was Sk3.741 billion at the end of April.

That means the deficit grew from Sk3.6 billion in March.

Balance of services was the only current-account indicator to show a surplus after four months of this year, with a suprlus of nearly Sk3.8 billion. The trade balance had about a Sk1.8 billion deficit, the balance of current transfers had a deficit of Sk5.6 billion, and the balance of receipts showed a deficit of Sk62.7 million.

The capital and financial account of the balance of payments reported a surplus of Sk85.4 billion, with the surplus on the financial account amounting to Sk80.8 billion. Surplus on the capital account was almost Sk4.6 billion.

The central bank registered a surplus of nearly Sk18 billion within the errors and mistakes category, and the balance of payments was positive, with a surplus of Sk99.65 billion.

On the financial account, the surplus of other investments amounted to Sk87.3 billion. Direct investments were also in a surplus of more than Sk5 billion, with direct investments in Slovakia showing a surplus of more than Sk6 billion.

The central bank posted a surplus of Sk1.5 billion in financial derivatives. Portfolio investments were the only negative item of the financial account, with a deficit of more than Sk13 billion.

Compiled by Zuzana Vilikovská from press reports
The Slovak Spectator cannot vouch for the accuracy of the information presented in its Flash News postings.

Top stories

Messerschmidt created most of his character heads in Pressburg

Bratislava will name a square after the prominent artist

A replica of one head from the series Character Heads by F. X. Messerschmidt; ownership of the Slovak National Gallery

Christmas Bazaar returns to the Old Market hall

One of the events which presents diplomatic communities residing in Slovakia to the wider public is the already traditional Christmas Bazaar, which focuses on gastronomy and charity.

Christmas Bazaar 2016

Blog: The wanderer returns home

The places you visit, people you befriend, experiences that leave their mark, they all become a part of you.

Go east for real morality, Jean-Marc Barr says Photo

The French American actor/director, who plays in a Slovak co-production film, said during a recent visit to Bratislava that eastern Europe, and other eastern countries still have what America has already and what…

Jean-Marc Barr during IFF Bratislava 2017