Banks, Financial Services, Foreign trade , Investments, Lithuania
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Tuesday, 09.06.2026, 10:05
Lithuania's current account balance posts deficit in April
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The positive value (287.2 million litas) of the balance of payments financial account balance in April 2013 resulted from a significant decline in the foreign assets of other investment.
In April 2013, CAB deficit in the country's balance of payments amounted to 467 million litas, an increase of 37.6 percent, month on month.
The CAB goes into a deficit for the fourth consecutive month already. While the negative change in foreign trade balance was huge – from surplus in March it moved into deficit in April (the negative change stood at 920.7 million litas) – it was partly offset by an increase in the surplus balance of current transfers though (the positive change was 598.1 million litas), thus the widening of the CAB deficit was not as substantial as could be expected.
In January – April 2013, CAB deficit amounted to 1.8 billion litas (2.5 billion litas in January – April 2012).
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