Pakistan has reached a critical balance of payments situation and will need another package from the International Monetary Fund before the end of the year to avert a crisis, one of the biggest lenders to the country said on We
Egypt's balance of payments slid into a deficit of $5.65 billion in the politically-fraught final quarter of 2011, turning around a year-earlier surplus of $557.0 million, central bank figures indicated.
Egypt's economy had been hammered b
Egypt's balance of payments swung into a deficit of $6.1 billion in the first quarter as revenue from tourism and foreign investment were hit by political turmoil in Egypt and the region, the central bank said.
The popular uprising that ou
China's imports are likely to grow at a faster clip than exports in 2011, leading to further improvements in the country's trade balance, the Ministry of Commerce said on Friday.
The projection of stronger imports follows from the governme
Egypt's balance of payments swung sharply into surplus in the financial year to end-June as porfolio investments in the country surged, the central bank said on Monday.
The strong figures, which indicate the government is in a solid po