Having worked with leading global financial organizations in different markets, including now at the State Bank, I understand the issues and challenges facing businesses and their leadership, particular during these difficult times. Answers to all our problems are certainly not readily available to us. However, conventions such as these enable us to share our experiences and arrive at some shared conclusions.
This was largely a result of the lower trade in goods deficit, combined with higher net receipts in the trade in services, and in the primary and secondary income accounts. Sixth, the current account deficit is manageable and financeable. A current account deficit is not necessarily a negative for the economy.