Question
What is the projected value of the Current Account
Deficit (CAD) for the July-September 2024 quarter?Solution
The projected value of the Current Account Deficit (CAD) for the July-September 2024 quarter is $15 billion, which equals 1.6% of GDP. This is the highest in the last seven quarters and reflects weak export performance and subdued external demand.
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Statement II : Speed of ...
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Statement II : ...
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