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$Title{Table 19.: Summary of Balance of Payments, FY 1979-82 (in millions of United States dollars)}
_______________________________________________________________________________
FY 1979 FY 1980 FY 1981 FY 1982
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Current account
Exports (f.o.b.) ................. 7,948 8,504 8,519 8,001
Imports (c.i.f) .................. -11,383 -16,204 -15,500 -14,249
_______ _______ _______ _______
Trade balance .................. -3,435 -7,700 -6,981 -6,248
Export of services ............... 2,304 2,880 2,669 2,523
Import of services ............... -1,262 -1,515 -1,695 -1,583
Investment income (net) .......... 287 600 286 -415
Current transfers (net) .......... 1,852 2,771 2,318 1,849
_____ _____ _____ _____
Current account balance ...... -254 -2,964 -3,403 -3,874
Capital account
Direct investment in India ....... 0 0 10 65
Grand aid ........................ 608 820 700 652
Loan disbursements ............... 1,290 1,852 2,010 2,514
Loan repayments .................. -646 -677 -647 -683
IMF credits ...................... 0 1,035 690 1,980
Other loans (net) ................ -44 -44 -166 -98
Other capital flows (net) ........ -743 -167 -1,151 -53
____ ____ ______ ___
Capital account balance ...... 465 2,819 1,446 4,377
Errors and omissions ............... 13 -200 -441 0
Change in reserves ................. -224 345 2,398 -503
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