These savings are deposited into the WCO bank account.

And they cannot write cheques against that savings account

They argue that current account balances reflect national savings and investment rates.

Lacking in savings and wanting to grow, the US runs massive current account and multilateral trade deficits in order to import other countries surplus savings.

An economy s current account is the difference between its investment rate and its savings rate.

Client, the amount for closing the Happy Installment Savings Account is 3,610,000 won. Please check it.

In fact, households account for 65 of India s national annual savings, compared to under 40 in China.

The problem of current account imbalances is closely linked to the existence of a world savings glut.

(iii) Savings on liquidation of prior period obligations are credited directly to the regular budget surplus account.

On Monday morning take 3,000 of this money and put it in a savings account for Beneatha's medical schooling.

So they put 3 in a chequeing account, so they can write cheques up to 3.. and so they can get a little bit more interest, and the banks will even give a little bit more interest on a savings account cos they don't have to keep the reserves they put 1 into a savings account.

That will have a very significant effect in terms of reducing the current account surplus, which reflects net national savings.

In addition, a separate special account was also maintained for savings from the budgets of the Tribunal in previous years.

Ben Bernanke, the US Federal Reserve chairman, once famously pinned the whole US current account deficit on a global savings glut.

(l) Savings on liquidation of General Fund prior periods apos obligations are credited directly to the surplus account of that fund.

Currency appreciation, Japan argued then and China argues now, is unlikely to result in a significant current account adjustment, which requires addressing not only China s high savings rate, but also low savings in the US.

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This enforced investment slowdown is itself increasing China s net savings, i.e., the current account surplus, while constraining the expansion of domestic consumption.

Savings on or the cancellation of obligations relating to the RPTC are credited to the special account approved by the General Conference.

She expressed concern that, while the Development Account appeared to be well run, the funding arrangements whereby savings from efficiency gains were channelled to the Account deterred programme managers from seeking such efficiencies.

Third, over saving countries like China and emerging Asia, Germany, and Japan should implement policies that reduce their savings and current account surpluses.

But if the US fails to narrow its savings gap, its current account deficit will not disappear, regardless of where the dollar goes.

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