The International Monetary Fund (IMF) is an international organization established in 1944 to promote global…

Commercial borrowing refers to the loans that a country’s government or corporations obtain from foreign…

External assistance refers to the financial support provided to a country by foreign governments, international…

Foreign investment refers to the flow of capital from one country to another in order…

Official transfer payments, also known as government transfers, are unilateral transfers made by governments to…

Private transfer payments are a key component of the current account within the Balance of…

Non-factor trade in services, a crucial component of the Balance of Payments (BOP), refers to…

The Balance of Payments (BOP) is a comprehensive record of a country's economic transactions with…

The Balance of Trade (BOT), also known as the trade balance, is a major component…

The Balance of Payments (BOP) is a comprehensive record of a country’s economic transactions with…