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‘Current account deficit in an economy must be financed by a corresponding capital account surplus’. Do you agree with the given statement? Give valid reason(s) in support of your answer. - Economics | Shaalaa.com
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a country is better off running a current account surplus rather than a current account deficit do you agree or disagree 40797
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What Is a Current Account Surplus?
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Promise made. Promise delivered. Indeed, H.E., you promised Ghanaians and you have delivered. ✅ inflation From 56% to 5.6%. ✅ Policy rate: 30% → 15.5%. ✅ Cedi: 16.4 → 10.8. ✅ Credit rating: CCC → B- ✅ GDP Growth: 5.5–6.1% in 2025 ✅ Current Account: Surplus $9.1bn ✅ Debt to GDP 48.9 % ✅ Debt sustainability restored. ✅ FX reserves strengthened. ✅ Budget deficit narrowing. ✅ Banking sector stabilized. ✅ IMF program back on track. #tiktoknews #titokforyou #kingsempiregh #fyb
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Promise made. Promise delivered. Indeed, H.E., you promised Ghanaians and you have delivered. ✅ inflation From 56% to 5.6%. ✅ Policy rate: 30% → 15.5%. ✅ Cedi: 16.4 → 10.8. ✅ Credit rating: CCC → B- ✅ GDP Growth: 5.5–6.1% in 2025 ✅ Current Account: Surplus $9.1bn ✅ Debt to GDP 48.9 % ✅ Debt sustainability restored. ✅ FX reserves strengthened. ✅ Budget deficit narrowing. ✅ Banking sector stabilized. ✅ IMF program back on track. #tiktoknews #titokforyou #kingsempiregh #fyb
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