Economy / El Salvador
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Macroeconomic Forecast El Salvador
July 2007 | Macroeconomic ForecastsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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BMI View: External sector data from Q107, released in June by the central bank, puts risks to our year-end forecasts. With a US$320mn current account deficit in the quarter, the country is on pace to post a full-year shortfall of US$1.28bn, which would be far higher than our US$901mn forecast. Nonetheless, given the H107 trade figures, which are pretty much in line with our year-end projections, we are not ready to change our current account forecasts just