Net error and omission of $42 billion in 14 years - Is this unregistered capital inflow or black money?

There has been a dramatic rise in the amount of unregistered money inflow to Turkey, creating some question marks about the origins of this moneyIn the first nine months of the year 2015, Turkey's chronic illness or current account deficit was $25 billion. This deficit was $46 billion the entire year of 2014. For the whole year 2015, it looks as if it will be $42 billion. 

It was not indeed certain structural transformations were that effective. Because the growth rate is low, the current account deficit also stays low. Investments that are the level of growth are at a very low level. When this is so, foreign currency spending on machinery and equipment is also low. With the foreign exchange rate rising by around 30 percent on average amid the Turkish Lira's devaluation, import bills for Turkish companies paying in liras have increased. This has decreased imports. There are major drops in automobile, electronic and mobile phone imports. There are falls in bar gold imports, which were used as payment to Iran for natural gas imports. As a result, this decline in all foreign currency expenditures narrowed the current account deficit.
 
In a nutshell, the decline in current account deficit is because of the decline in growth. 

How is the deficit closed? 

Growth, which is expected to barely reach 3 percent this year, also causes the current account deficit to decrease. The noteworthy aspect of the current account deficit is the financing of this deficit. While the current account deficit of nine months was $25 billion at the end of August, the financing of the deficit was not met through foreign resources inflow, but through reserves and "net error and omission," which made eyes turn to "unregistered capital inflow" again. It is...

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