nbs speech, 2023-08-16
Given that H1 saw the lowest current account deficit on record, equalling only 1.6% of GDP, we now project it at around 2.5% of GDP at the level of the entire year, instead of 4.5% that we expected in May, though back then we also emphasized the high probability that the deficit would be lower than projected.
Sentiment: guidance_dovish
Topic: mp_economic_activity