KYIV, Jan 28 – The National Bank of Ukraine (NBU) raised its current account deficit forecast to 1.1% of GDP, or $2.3 billion from 1% of GDP, or $1.9 billion in 2021 due to record-high levels of reinvested earnings and dividend payments.

As the National Bank said on its website in its inflation report for January, the volume of reinvested income and dividend payments increased last year to $14 billion compared to $3.1 billion in 2020 and $6.4 billion in 2019.