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Monday, July 22, 2019

Current account deficit narrows – The Nation Online

Current account deficit narrows – The Nation Online: Malawi’s current account deficit is expected to take a knock from an estimated 18.20 percent of gross domestic product in 2018 to 15.20 percent in 2020, as import growth falters, investment advisory firm Nico Asset Managers has said.

The current account deficit is a measurement of a country’s trade where the value of the goods and services it imports exceeds the value of the products it exports.

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