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International Monetary Fund. Asia and Pacific Dept
Early and decisive measures successfully prevented an outbreak of COVID-19 in Nauru, and as of January 2022 there have been no COVID-19 cases on the island. Strong pandemic policy measures supported the economy, which continued to expand in FY20 and FY21. Nauru’s remoteness and size constrain potential growth and it is severely exposed to the negative effects of climate change on sea levels and the ocean stock of tuna. Development challenges are exacerbated by limited capacity and a high incidence of non-communicable diseases (NCDs).
International Monetary Fund. Statistics Dept.
This Technical Assistance Report discusses the recommendations made by the IMF mission to assist the Central Bank of Bosnia Herzegovina (CBBH) in the compilation and dissemination of government finance statistics (GFS) in accordance with the guidelines of the Government Finance Statistics Manual 2001 and its update. It is recommended that the legal basis for the collection of GFS data by the CBBH should be strengthened to get more easily access to (confidential) data which serve as input for GFS. The production of GFS could benefit from more cooperation between the CBBH, the Ministries of Finance, and the National Bureau of Statistic. A permanent working group of compilers of macroeconomic statistics in different institutions should be set up to this aim.
International Monetary Fund. Asia and Pacific Dept

reported budgetary central government GFS for the first time in 2018 with significant assistance of PFTAC. Authorities have published central government GFS on a quarterly basis since 2018 and on an annual basis since 2019. The MoF relies on TA from PFTAC to ensure data are compiled and disseminated. The last TA GFS mission was in December 2020. Monetary and Financial Statistics : There are no monetary and financial statistics available since the financial sector is still in early stage of development. Nauru uses the Australian dollar as legal tender and does not

International Monetary Fund. Statistics Dept.

contributed greatly to the success of the mission. I. Introduction 1. The main objective of the mission was to continue to assist the Central Bank of Bosnia and Herzegovina in the compilation and dissemination of government finance statistics (GFS) in accordance with the guidelines of the Government Finance Statistics Manual 2001 ( GFSM 2001 ) and its update ( GFSM 2014 ). 2. The major tasks of the mission were to (i) review the main findings and recommendation of the previous TA GFS mission of January 16–January 27, 2012; (ii) assist the authorities with