Surplus of Kazakhstan current account in the I quarter of 2003 - $626 m.

15.07.03 00:00
/REUTERS, Almaty, July 15, 03/ - Kazakhstan positive payment balance of current account in the I quarter of 2003 increased to $626.2 million from 31.5 million in the I quarter of 2002, informed Kazakhstan statistics agency with reference to the National Bank of Kazakhstan. Below is some data about Kazakhstan payment balance in January-March of 2003 and 2002 in standard presentation (in m. US dollars): ------------------------------------------------------------ Jan-Mar 03 Jan-Mar 02 ------------------------------------ ---------- ---------- Current account +626.2 +31.5 Trade balance +1,349.5 +410.3 Net services -409.0 -262.2 Revenues -335.7 -156.3 current transfers +21.3 +39.7 Account of transactions with capital -3.3 -19.8 Account of financial operations -581.1 -84.6 Net direct investments +254.9 +141.7 Portfolio investments -99.7 -72.1 Derivative financial instruments +10.2 0.0 Other investments +39.4 -52.5 Reserve assets* -785.8 -101.7 Mistakes and omissions -41.8 +72.9 ------------------------------------------------------------ * - Negative figure means increasing of reserve assets. [2003-07-15]