Foreign investors will take notice of the steadily positive trend in the external account over the next six months, but its cumulative effect will take time to come through.
22.
"The program's quantitative performance criteria continue to be met, external account adjustment has been more rapid than anticipated, and structural reforms in a number of areas are well underway,"
23.
Impressed with Thailand's discipline under the IMF programme and its marked improvements in external accounts, foreign investors have been net buyers of Thai equities since the beginning of this year.
24.
The current account is the widest measure of the country's external accounts and reflects the trade balance, the influx of short-term investments and interest payments on the country's foreign debt.
25.
In 1992 Saudi agricultural strategy was only sustainable as long as the government maintained a high level of direct and indirect subsidies, a drain on its budget and external accounts.
26.
The IMF's " quantitative performance criteria continue to be met, external account adjustment has been more rapid than anticipated, and structural reforms in a number of areas are well underway,"
27.
But we would have a situation in which the central bank would have to manage the exchange rate, and simultaneously the capital or external account and thirdly manage domestic liquidity.
28.
"For the first time in decades, Brazil has now all the conditions required for a process of sustained growth, without generating either external account imbalances or inflationary pressures, " he said.
29.
"The emerging consensus on the need for fundamental fiscal improvement to raise domestic savings, bolster the external accounts and avoid an upsurge in inflation is reassuring, " according to the report.
30.
We're saying that university money was put into an external account without our knowledge . . . for unauthorized purposes, " said Patricia Ohlendorf, vice provost and counsel to the UT president.
