C/A Deficit To Narrow

January 2009
Emerging Europe Monitor: Central Europe & Baltic States;Jan2009, Vol. 16 Issue 1, p8
Country Report
The article predicts a reduction in the current account (C/A) deficit of Slovakia for 2009, according to the Business Monitor International (BMI). According to BMI, the ongoing deterioration in Slovakia's external environment will result to C/A deficit to narrow through the medium term. BMI pegs the decline at 4.1% in 2009, down from 5.2% in 2008. Also noted are obstacles that the country may likely encounter in attracting high levels of financial account surplus.


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