APPENDIX 2 Balance of Payments on Current Account of Commonwealth Countries in South and South-East Asia, 1949-53 £ million 1949-50 1950-51 1951-52 1952-53 (or 1949) Forecasts India (a) — Imports ... ... ... ... 451 501 578 583 Invisible payments 92 86 87 87 Exports 314 371 390 404 Invisible receipts 110 112 112 112 Surplus (+)/Deficit(-) - 119 - 104 - 163 - 154 Pakistan (a) — Imports 120 166 165 176 Invisible payments 20 10 10 10 Exports 106 150 151 152 Invisible receipts 9 1 1 1 Surplus (+)/Deficit (—) 35 25 23 33 Ceylon— Imports 77 85 (b) 99 99 Invisible payments 17 26(b) 24 24 Exports 80 102 (b) 95 94 Invisible receipts 12 17 (b) 16 15 Surplus (+)/Deficit(-> - 2 + 8(b) - 12 - 14 Malaya— Imports 215 292 295 297 Invisible payments 20 20 20 20 Exports ... 196 269 271 272 Invisible receipts 40 40 40 40 Surplus (+)/Deficit (—) + 1 3 4 5 North Borneo— Imports 3-9 4-2 4-9 5-3 Invisible payments 0-2 0-2 0-2 0-2 Exports 4-4 6-0 4-9 5-2 Invisible receipts - 0-1 Surplus (+)/Deficit (-) +O-3 +l-7 -0-2 -0-3 Sarawak — Imports 12-8 16-5 16-8 16-5 Invisible payments (c) ... ... 8-6 10*4 10-5 10-5 Exports 21-9 28-0 24-6 25-7 Invisible receipts ... 01 0-1 0-3 0-3 Surplus (+)/Deficit (-) +O-6 +l-2 -2-4 -0-1 (a) Indian and Pakistan statistics exclude transactions with each other. Pakistan statistics for 1949-50 are converted throughout at Rs. 9-27 == £l. (b) 1950. (c) Mainly profits of oil companies.

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