So they tended to have chronic balance of payments surpluses, which stoked up inflationary pressure by maintaining high demand for goods.

Its already massive payments surplus of $94 billion last year is expected to reach $131 billion this year and $135 billion next.

Burgeoning capital inflows have generated foreign payments surpluses, and the Lebanese pound has remained relatively stable.

Then the net change per year in the central bank's foreign exchange reserves is sometimes called the balance of payments surplus or deficit.

This increases the money supply in the same way as does a balance of payments surplus.

First annual balance of payments surplus since 1973.

There is a balance of payments surplus and the foreign debt is being reduced.

This did not present a problem, however, because massive inflows of capital resulted in balance of payments surpluses.

Brazil also enjoyed large overall balance of payments surpluses during the Alliance years.

Japan forecast slower economic growth and small declines in its trade surplus and balance of payments surplus in the fiscal year that begins April 1.