South Africa’s current account deficit narrowed to 4.5% of GDP in the first quarter, from 5.1% the previous quarter, the Reserve Bank reports. Economists say the deficit could narrow still further this year if global conditions continue to improve.
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South Africa’s current account deficit narrowed to 4.5% of GDP in the first quarter, from 5.1% the previous quarter, the Reserve Bank reports. Economists say the deficit could narrow still further this year if global conditions continue to improve.