Firm sees rising current account deficit | The Times Group

Firm sees rising current account deficit | The Times Group: "Firm sees rising current account deficit
Posted By: William Kumwembeon: May 16, 2018In: BusinessNo Comments
Investment management and advisory firm, Nico Asset Managers, says it expects Malawi’s current account deficit to rise to 14.5 percent of the Gross Domestic Product (GDP) in 2018, from 12.5 percent in 2017.

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

The anticipated rise in current account deficit comes as the performance of the country’s exports is projected to be hindered by unfavourable weather conditions, infrastructure challenges, lack of finance for farmers and low agricultural technology."



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Current account deficit narrows to 10% - The Nation Online

Current account deficit narrows to 10% - The Nation Online:



Current account deficit narrows to 10%

Grace O May 5, 2018 o Comments

Malawi's current account deficit has narrowed to 10 percent of gross domestic product (GDP)

in 2017, from 13.6 percent in 2016, published figures from the International Monetary Fund

(IMF) show.

The current account deficit is the net of the balance of trade. In simpler terms, a country is

said to have a trade surplus if its exports exceed its imports and a trade deficit if its imports

exceed its exports.





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