Deficit of Kazakhstan's Current Account in the first half of 2009 amounted to $ 3,675.0 million

/IRBIS, October 1, 09/ - Deficit of current account of Kazakhstan's payment balance for the second quarter of 2009 amounted to 2,586.5 million U.S. dollars, are shown in data published on 30 September at the official site of the National Bank of Kazakhstan. Thus, in the first half of the current account deficit of payments balance of the republic amounted to $ 3,675.0 million (for the first quarter deficit was $ 1,088.5 million). Payment Balance Republic of Kazakhstan (USD million) ------------------------------------------------------------------------------- 1st half 1st half 2009 2008 2008 ---------------------------------------------- ---------- ---------- ---------- Current account -3,675.02 6,595.97 3,803.04 Trade balance 4,115.50 33,518.85 17,970.99 Export 17,515.33 71,970.81 35,415.98 Import -13,399.83 -38,451.97 -17,444.98 Services balance -2,509.90 -6,615.75 -3,219.78 Export 2,010.10 4,382.97 2,047.50 Import -4,520.01 -10,998.72 -5,267.28 Revenues balance -624.53 -1,452.04 -691.51 Interest payments on borrowed -4,333.19 -17,870.50 -9,889.68 credits and loans Revenues from direct investors -322.89 -984.59 -366.99 Interest on reserves 4,216.47 2,997.48 -1,893.23 Interest on National Fund's assets -6.05 -12.82 11.86 Other (net) 4,222.52 3,010.30 -1,905.09 Current transfers 4,279.97 10,821.34 5,073.64 Account of operations with capital and finance -900.42 -3,826.18 -1,119.82 Capital operations account 5,180.39 14,647.52 6,193.46 Financial account 2,032.58 -9,322.61 -4,795.03 Direct investments 2,612.07 -7,222.73 -4,495.83 Funding -579.49 -2,099.87 -299.20 Redeemed 265.77 180.81 -92.39 Portfolio investments -1,524.50 4,275.07 1,345.97 Derivative financial instruments (net) 172.94 -1,902.87 -590.51 Other mid- and long-term investments -1,697.44 6,177.94 1,936.48 Other short-term capital -831.29 -2,944.32 -3,437.29 Errors and omissions -2,037.85 -7,404.70 1,203.59 Total balance -1,496.39 2,188.75 3,113.40 Funding 1,496.39 -2,188.75 -3,113.40 Reserve assets of NBK 1,496.39 -2,188.75 -3,113.40 ------------------------------------------------------------------------------- [2009-10-01]