Page 28 - BLEEDED DIARIO 26 FEB

PAGINA 28 DIARIO DIAHUEBS 26 FEBRUARI 2015

TheBoavenrcaollbCaelanntcreaol fpaymentsturnedfromanAfl.70.5millionsurplusinthethird
E desaroyo di balansa di pago: deficit riba e cuentainto an Afl. 55.0 million deficit in the quarter under review (Chart 2), resulting fro
coriente ta 206.3 miyonmillionnetpurchaseofforeignexchangebytheoilsectorfromthecommercialbanks
byanAfl.9.5millionnetsaleofforeignexchangebythenonͲoilsectortothebanking

E desaroyo di e deficit riba pa 436.3 miyon, asocia cu

e balansa di pago a keda steecrnviiccCoio.nEaNn TApRdroAicfeiLosniEoanlmaBlenAtyeN K V A N A RUB A Chart2:Overallbalance
considerabel. E balansa di (InAfl.million)

pago coriente na final di e di 3 e deficit di 3.7 miyon riba

quartal di 2014 a sera cu 206.3 e cuenta di servicio den e 400

miyon florin como deficit. mesun periodo di 2013, a

MbSastlacanotssiasctnuiecgaealtiaNvñoeaawasnsutreRpriaeoslraeaee sebdiernaeuncusaurrtpallubsaodid7i.r9evmisiiyoonn.300
ccDuuaaertteaml:esFsueignbuprieuenraitoeryd. o1C0do,im2200p11a5r3a, E turnaround aki ta debi na 200
actividadnan y servicionan di

tabatin un contraccion di transhipment di e sector. 100

7B2a.7lanmcieyoonfpdaeynmeendtsefdiceitveloEpmdeefinctits:dtiheendterafdicaitaoncatyhecurrentaccountremainsconsiderable.
di e ecuenta coriente. E cu 26.5 miyon pa 66.6 0

mnTaehuhenorbsaucarilpoalnnuscaemkiaosftah bpaalattoaymddeeenbneits cmruesiryuroletnan,dtop radicni cccioopnuatlnrmatcecenitnoendcedodim2 o7in theͲ1t0h0ird quarter of 2014 with an Afl. 206.3
cdpprdAeeacCmiunaeaibuucxoernttaiccmrpurrnlmaliroantabeianeeaodupilnnseenmnacdfnastnxetuoieirtdepdroeenasssianent.edanctetdyfrusasncviiitcroaidcioonidicuunstii1wme.ontat2ndhAehoto,yten7reaesdnddt%uroediceacnndocdefoeroriacftficrerfi,hiaercficiinatesebiicdetttssauae(ssteppCoroheinnancrpmdnddaverduiiaiatidvitohwiyatuitnuiuhodre1nnwocngaenseo)trinogen.dndesnyqrrodo-Tecdadxaeuooonocohpeaicacidmnlaeipnfar,isrannsioa,tuptcestnrnseaiatriidrcmoatnaohnernie-daanysebrpdgnooladeimdrr.nesnfycadioEineeundi2nvpncdgeptra0erpetahnreeeaaai1memtssgedtoget3epnioafaoneevcfa,tmnaaistengnoddkntettooterhciitir,baoewanmrlaaesc2Ssefnu6oeͲwe.c2ud2rnea0rasrtcmac0iseavecidxec:oayiccCnonueonennebounAtpndytn,fra-letao.awsdl3ie.l76hht2a6BihiIg..ca3k7ahhnrtiemkmmorwvipifyalseoltnuicrnhouerA.enprluppucbacferosiaearnn2sytocae0tiennacrc1cdatlu2olitcIyierInht2rioged5ooi2nfqs.snf6euusoireannmv2tr-niiot0tceyehib1teolr.ey3sn.iEnpflacouw9e0nII.t1Iaa2014dc2ue4n.6teambmaiyteaosnudnceobcmiIuVaonrtanaelptdroieus2ttf0alm1o3wo,
miyon, resultando di portfolio halto di nonresidentenan.
Chart1:Currentaccount
di inversion directo y relaciona Den e cuenta financiero di e
(InAfl.million)
cu transaccionnan. sector di petroleo a record un

1,000.0 E portfolio di inversion di e netinflow di 66.4 miyon den
sector non-oil a bira di 244.5 e cuartal bao supervision,

500.0 miyon net inflow den e di 3 compara cu e net outflow di
cuartal di 2013 den un 12.3 0.8 miyon den e di 3 cuartal

0.0 miyon net outflow den e di 2013. e turnaround tabata
cuartal bao supervision, asocia debi na credito comercial
Ͳ500.0
cu a ricibi 340.4 miyon menos ricibi di nonresidente aficia

Ͳ1,000.0 durante emision di bono di cu e sector aki. E balansa di
prestamo, cu parcialmente pago a bira di 70.5 miyon
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3
a wordo offset pa 103.2 surplus den e di tres cuartal

2012 2013 2014 miyon di algun pago riba di 2013 den un deficit di 55
bonds madura. E net flow di miyon den e di tres cuartal di

Goods Services inversion directo di e sector a 2014, resultando di un compra
contrae cu 38.8 miyon pa 84.4 di 64.5 miyon na divisas di e

Income Currenttransfers miyon debi na un prestamo di sector aki for di banconan
compania mas abao. Di otro comercial, parcialmente offset

Currentaccountbalances banda inversion den e sector di pa un 9.5 miyon di benta netto

non-oil a mustra un net inflow di divisas door di e sector non-
di 17.3 miyon compara cu oil di e sector bankero.

Thought Of The Daysndsd8e3ssodnEcc3aEAAbrTSeeueuuxo9i18aiieeolhscrreobffbapn.46.evvtvu5llutxaeriteiotu..-..xoiidrrtEiz45prhocrcraeapprm86aecmtaisiiilnmpalwslteoo2an0tseueadsmnimdbrhu:diy2.srasi,iassiay0nrCevdesuoicii.yudocponysuco7s1cine.ibiolencmucoioni2runpiePcrouep,bnemmep.isvtau7insaiclavisearlmilese7g%unlpiiacrdaksmcilesgfnai1o8aeioplluiianloic6eoiuten.2ccooooan6dtdrde0nnpt2t2cronrBeaoeaonidtad1to.r,enmbtenmacardt7i,i.noccudhauc6nesdiidortetiintaeynmeeykreadiodmAomnumnsoaoro2ctenivievtdtnnfennien0ydrpnbataclyisa-aoo1.oechaotnououmcppdonbdidrd3nns3eiunonaaaearr-Aliiii.,,Ͳ8apsori6luanui.lbmcrE1eed1dmdDueiEmydl5sneysuxainiie22isietdeeienpc..g5meyutsd85diocuaxrot.ooeauleqe6prenettetipb3unnatrflasmromunscelaiomminaondiiescturcrarooisidpnaderieiiei.yu1yebfrotnnybuneconndenoaotTa2drdorotadc,rtertnoeeonnihiod.i.tsniaton7obarrdadEie5bd3tdnolpasmaaor0idduoap9,ianacbkakesd1iifnra.nuedopniiuey1ie.sde23aaae8arrcipdci2ntugcsd2Azm0pymaahamei0teemoe.i1afalp2aoup1ditipfnulniñpeaye3eip.dnoc4yaracsrattnoetmiero.,o7nersidatstdnsbtororgunT.aa1cseiptciiiilyaciboefdnuhfseau.dsd1rmiio6ni6cierstiocecnedor.nositttaionun9naaaaeeaehmtm,..ienexilgeplsrpdpwEcoscmtEadEcyirxaeeaouuoanaeefeosopsiricntnslrnndaeydpsroe8tveooukcnesdisoaersm%cieeuobitrtiioncccmaruoondotrnitbotecaplrspteionetniayltd.aavoesrlnaAaoicsuaruaavacfEuawmda1fp1csdmtrituwnliod1sdca5ircod.basscaereaicgeo8coaiiaposm3anndmaamorrordenimspt9dnnvebderucidiaadiooxpai4yirairatcnicionyn.paaefio.ycn3ideordeo4ltonmciea7uaanosnoroyeeccnotu.cptgmnr3tzoaacignudoafifoahpnoicbomibirfbirdnatitnmtalumetloala1heneasackee1iiaownir8onpc.ae,i9dydcabi7isaanP%ioioñdeneadrkdon.aba9nnnnaeaaaasilii.iouyyntnmAtͲbhfoeylNwASFe.inlahtu8toisqrcassg1teaeeruuhf.ebcnl5asoiytonstr.oreoamtgrketcRhitrroTslileowdoiuaosininnnetnwstodebatenorosyrͲfLtienkoefdF3tInimoGreoboifegylseou use the experience