nbs speech, 2024-02-14
According to our projection, the anticipated pick-up in the investment cycle and the associated import of equipment and intermediate goods, which will greatly be offset by the rise in export capacities and recovery of the euro area's external demand, will result in the current account deficit trending at around 4-5% of GDP this year and in the medium term, which is sufficient to ensure the country's external sustainability.
Sentiment: neutral
Topic: mp_economic_activity