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In the second quarter, the
current account of the balance of payments registered a surplus of US$ 101
Million. This surplus was below the US$ 313 Million recorded in the first
quarter this year but above the US$ 203 deficit in the same period last
year. The improvement of the current account over the same period last
year was mainly due to a higher surplus in the trade balance, which, in
turn, resulted from lower imports whereas exports remained virtually
unchanged. In addition, the deficit of the income balance also remained
below the level in Q1 2001.
Forecasts: This indicator is covered in the
LatinFocus Consensus Forecast. For 5-year projections, including quarterly forecasts for
the next two years, please click here
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