Exports, dominated by oil and other minerals, are expected to remain strong in 2011-12, although the trade surplus will remain roughly constant in 2011 and slide into a deficit in 2012 as imports are boosted by increased oil and gas exploration as well as public investment. The country's dependence on imported services is expected to increase over the forecast period, again primarily as a result of increased activity in the hydrocarbons sector. Meanwhile, tourism receipts are expected to remain depressed given the media attention on recent terrorism attacks in Mauritania. As a result, the deficit on the services account is expected to widen in 2011-12. The income deficit is set to remain broadly stable, as repatriation of foreign firms' profits will not rise significantly until new oilfields come on stream. Renewed ties with the country's donors-coupled with an increase in remittances from expatriate Mauritanians as developed economies return to growth-will lead to an increase in the current transfers surplus to US$346m in 2011 and US$421m in 2012. Overall, the current-account deficit is forecast to narrow from an estimated 8.8% of GDP in 2010 to 5% of GDP in 2011 (driven by the transfers balance), before returning to 6.2% of GDP in 2012 as imports outpace exports. There will be no difficulties financing the current account, as the capital account will post a large surplus owing to high foreign investment in the extractive industries.