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economics
Date Submitted: 12/19/2004 16:40:41
Length: 15 pages (4133 words)
Views: 135713
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…and other capital inflows, however, mean that the current account deficit is sustainable at current levels. The rise in oil prices and the sharp increase in tourism arrivals and revenues should help to keep the current account in check. The low level of non-oil exports continues to be a concern and it is an area upon which we expect the government to focus, although a real improvement in exports is likely to take several years.
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