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Financial account is required to records government owned assets, private sector assets it helds
in other countries, local assets held by foreigners (government or private), foreign direct
investment (FDI), global monetary flows related to investment in any business, real estate, bonds
or stocks.
It is used as indicator of performance of economoy. A negative balance in financial account
indicates that country has more claims as compared to liabilities.It shows that economy is
providing funds to the world.
Solution
Financial account is required to records government owned assets, private sector assets it helds
in other countries, local assets held by foreigners (government or private), foreign direct
investment (FDI), global monetary flows related to investment in any business, real estate, bonds
or stocks.
It is used as indicator of performance of economoy. A negative balance in financial account
indicates that country has more claims as compared to liabilities.It shows that economy is
providing funds to the world.

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  • 1. Financial account is required to records government owned assets, private sector assets it helds in other countries, local assets held by foreigners (government or private), foreign direct investment (FDI), global monetary flows related to investment in any business, real estate, bonds or stocks. It is used as indicator of performance of economoy. A negative balance in financial account indicates that country has more claims as compared to liabilities.It shows that economy is providing funds to the world. Solution Financial account is required to records government owned assets, private sector assets it helds in other countries, local assets held by foreigners (government or private), foreign direct investment (FDI), global monetary flows related to investment in any business, real estate, bonds or stocks. It is used as indicator of performance of economoy. A negative balance in financial account indicates that country has more claims as compared to liabilities.It shows that economy is providing funds to the world.