The IIF focuses on Turkey and South Africa (Argentina improved)

"Unlike a year ago, we do not see a large current account deficit among the major emerging countries, as Turkey and Argentina have experienced significant external adjustments." However, vulnerability remains particularly high in Turkey. Due to the high maturity of the external debt, we expect current account deficits to continue to be quite large in South Africa and Indonesia, "says the latest report from the Institute of International Finance. (IIF) on emerging market balance sheet projections. Economists Sergi Lanau, Greg Basile and Tariq Khan have recalculated the current account trend of major emerging countries, including Argentina, for 2019, focusing on the role of commodity prices. based. Then the most relevant points.