INDIA: BALANCE OF PAYMENTS, 1975 (MILLION US $)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP85T00875R001900030169-9
• Release Decision: RIPPUB
• Original Classification: U
• Document Page Count: 2
• Document Creation Date: December 19, 2016
• Document Release Date: August 19, 2005
• Sequence Number: 169
• Publication Date: January 1, 1974
• Content Type: REPORT

STAT
Approved For Release 2005/12/14 :CIA-RDP85T00875R001900030169-9
 Approved For Release 2005/12/14: CIA-RDP85T00875R001900030169-9
India: Balance of Payments, 1975
(million US $)
Current Account
3,650
4,850
-1,200
300
1, )00
Debt rcpayment ?- 200
7
Balance of payment deficit 50
2,4450
Exportc-
Imports
Trade deficit
Services
Current Account Deficit
Capital Account
Long term capital
Financed Ly:
Iran & Iraq oil credit
Soviet wheat loan 250
Consortium aid 200
Non-consortium aid 1,100
Free World food aid 100
IMF credits 6 0*
Gold tranche G90
Compensatory financing 94
First credit tranche 282
Oil loan 240**
Total
Reserve reduction
TOTAL
* At least $50 million from the US and $50
50
million from EEC.
** India can borrow $366 million more from the
II1F oil loan fund established to help oil
importing countries.
*** India's reserves were $1,300 million on
25 September 1974.
NOTE: Given orally to Suraj Kanhouwa, Bilateral
Relations Program Office,
to a White House request onr24sOctober 1974.
Approved For Release 2005/12/14: CIA-RDP85T00875R001900030169-9