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ECONOMIC BRIEFS

Trade gap down 18% five months into 1999

Five months into 1999, Slovakia reported a trade deficit of 26.99 billion Slovak crowns ($628 million). Compared with the same period in 1998, when the trade gap was 32.95 billion crowns, this is a drop of 18.1%.

From January to May, Slovakia imported goods equaling 186.57 billion crowns, compared with 177.4 billion crowns for the same period of 1998 (up 9.17 billion crowns year-on-year). Five-month exports totaled 159.58 billion crowns, up 14.38 billion crowns from the same period of last year, Finance Minister Brigita Schmögnerová said on June 21.

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