Institutional arrangements provide for substantial capital mobility.
Citizens are free to own foreign currency accounts, although some limitations in engaging in capital transactions with foreigners are imposed. In financial markets, the trend of replacing credit extended to the government with private investments is proceeding, with just 5.5 percent of the credit allocated to the non-private sector. Although the share of government consumption is shrinking, transfers and subsidies have been increasing since the mid-1970s. Please report any dead links or technical problems.