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Balance of payments deficit in Ukraine in January fell by 2.2 times.

Balance of payments deficit in Ukraine in January fell by 2.2 times.

Posted in News.

Balance of payments deficit of Ukraine in January 2015 was $ 890 million which is 2.2 times lower than in January last year ($ 1.934 billion) and 2.5 times lower than in December 2014 ($ 2.261 billion), according to the National Bank of Ukraine.
According to the regulator, reducing the deficit in January due to the reduction of outflow of funds in the financial account.
Current account deficit balance declined in January 2015 compared to January 2014 by 17.8%, to $ 342 million: the export of goods decreased by 31.6% during the year (up to $ 3.1 billion – the lowest level in the last four years) and imports – by 33.4% during the year (up to $ 3.5 billion).
Lack of financial and capital account in January 2015 was $ 548 million which is almost three times less than in January last year ($ 1.518 billion).
At the same time, according to the NBU, the net inflow of foreign direct investment is estimated in January 2015 in the amount of $ 108 million while in January 2014 the net outflow of $ 110 million.
The report also notes that the amount of currency outside banks fell in January 2015 to $ 57 million while in January 2014 they had grown to $ 0.6 billion.
In January 2015 as a regular repayment of the IMF loan totaling $ 220 million.

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