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Books and Analytical Papers > IMF Staff Country Reports

You are looking at 1 - 10 of 28 items for :

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Cover IMF Staff Country Reports
Dominica: Technical Assistance Report-External Sector Statistics
International Monetary Fund. Statistics Dept.
This Technical Assistance report on Dominica focuses on external sector statistics. The Eastern Caribbean Central Bank (ECCB) and the Central Statistics Office have implemented recommendations from the previous mission regarding timeliness and data accessibility. The mission focused on improving data sources for travel credits and the Citizenship by Investment Program (CBI) flows for the balance of payments. Revised 2022 balance of payments estimates were reviewed; additional refinement is needed. The ECCB has been incorporating available cash-based data on CBI flows from the fiscal sector into the balance of payments. However, fiscal data for 2021 and 2022 show some possible misclassifications that would affect the correct recording of external flows in the balance of payments. The report highlights that follow-up on the request made to the CBI to complete the ECCB balance of payments questionnaires for 2021 and 2022 and report on the existence of foreign escrow accounts. Coordination between data-producing agencies needs to be improved. A survey of cruise passengers is required to improve the estimates of visitor expenditure; visitors that arrive by yatchs are not surveyed either.
Keywords:
Dominica; balance of payments statistics.; balance of payments statement; balance of payments estimate; business visitor; VES result; visitor expenditure questionnaire; ECCB website; Civil society organizations; External sector statistics; International investment position; Credit; Caribbean
Cover IMF Staff Country Reports
St. Lucia: Technical Assistance Report-Remote National Accounts Mission
International Monetary Fund. Statistics Dept.
This paper presents the technical assistance report on remote national accounts mission in St. Lucia. The improved estimates will improve the understanding of the Saint Lucia economy, notably the needs of the Ministry of Finance for more robust and timely national accounts statistics. This development will also help Saint Lucia meet the IMF Special Data Dissemination Standards requirements. Training has been provided on the different components of Gross Domestic Product by expenditure (GDP-E) for current price methods and price and volume measurement. The mission identified some research topics for the national accounts department as part of its development of GDP-E. This includes checking the quality of some indicators and identifying whether some sources are available at a lower level of detail. The mission also quality assured the current methods used for compiling accommodation in the production measure of GDP. In order to support progress toward the objectives, the mission recommended priority recommendations to make headway in improving Saint Lucia’s national accounts.
Keywords:
GDP; Expenditure GDP; Quarterly GDP; Constant Prices; Supply and Use Tables; GDP-E approach; consumption expenditure; GDP-E methodology; staff team of the International Monetary Fund; research issue; Civil society organizations; Consumer price indexes; Imports; Producer price indexes; Caribbean
Cover IMF Staff Country Reports
St. Lucia: Technical Assistance Report-External Sector Statistics
International Monetary Fund. Statistics Dept.
A remote technical assistance (TA) mission on external sector statistics (ESS) was conducted for the Central Statistical Office (CSO) of Saint Lucia during March 22–26, 2021. The mission was part of the Caribbean Regional Technical Assistance Centre (CARTAC) work program on External Sector Statistics (ESS).
Keywords:
IMF's Statistics Department; World Bank staff; balance of payments manual; balance of payments survey data; instrumentalities of the TA recipient; Civil society organizations; External sector statistics; Exports; Balance of payments statistics; Caribbean
Cover IMF Staff Country Reports
Zambia: Technical Assistance Report-Report on Government Finance Statistics
International Monetary Fund. Statistics Dept.
In response to a request from the authorities and as part of the United Kingdom’s Department for International Development (DFID) Enhanced Data Dissemination Initiative (EDDI) 2 project, a Government Finance Statistics (GFS) mission visited Lusaka, Zambia, during November 19–30, 2018. This was the third mission to Zambia under the DFID EDDI2 project, following the March 2016 and November 2017 missions. The mission worked essentially with staff at the Zambia Central Statistical Office (CSO) Public Finance Unit (PFU), but also had meetings with staff from the Ministry of Finance’s Accountant General, Budget, Investment and Debt Management, and Economic Management departments.
Keywords:
ISCR; CR; statement of operation; GFS statement; compilation file; GFS compilation; classification assistant; public finance; Government finance statistics; Business enterprises; Financial statements; Data collection; Civil society organizations
Cover IMF Staff Country Reports
St. Lucia Technical Assistance Report—Rebasing GDP Mission
International Monetary Fund. Statistics Dept.
A technical assistance mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre to Saint Lucia to provide advice to the Central Statistics Office (CSO) on compiling rebased gross domestic product estimates. The CSO is responding to the needs of the Ministry of Finance for more robust and timely national accounts statistics. All the Gross domestic product by economic activity (GDP-P) compilation workbooks have now been redeveloped and revised current and constant 2018 price quarterly and annual estimates have been compiled up to Q3 2019. The incorporation of revised data on tourist expenditure for 2000 onward have also resulted in revisions to the GDP-P current rice estimates and real growth rates. The revised annual and quarterly GDP-P estimates were assessed, and several methodological improvements were implemented. Improvements were made to the constant price estimates by reviewing and replacing weaker volume indicators. Training on the methodological changes and compiling the rebased estimates has been provided. The training on methodological improvements included the use of the more representative employment indicators and various price indices discussed above; back-casting and linking techniques for the current price estimates and linking the constant 2006 price series with the constant 2018 price series.
Keywords:
ISCR; CR; GDP; GDP-p estimate; current price; estimate; compilation workbook; compilation methodology; GDP-P estimate; output price indices; GDP estimate; price index weight; GDP series; Price indexes; Civil society organizations; Credit bureaus; Consumer price indexes; Caribbean
Cover IMF Staff Country Reports
Myanmar: Technical Assistance Report-External Sector Statistics Mission
International Monetary Fund. Statistics Dept.
This Technical Assistance Report paper highlights that the work on verifying reasonable size of coverage adjustments for Myanmar’s imports was addressed during the mission, using bilateral trade data from Thailand and China. The mission illustrated how granular data can be used to help determine proper adjustments to improve the coverage of the International merchandise trade statistics, using Thailand’s data on exports to Myanmar cross-classified by border checkpoint and 2-digit HS code. The data indicated potential under-coverage of Myanmar imports for a few checkpoints sharing land border with Thailand. Although the actual travel expenditure per person per day for certain years is likely to be lower than the time series published by the Ministry of Hotels and Tourism given continuous depreciation of Kyat over the past five years, this factor should unlikely outweigh the effect of growing numbers of inbound tourists. Balance-of-payments compilation file used by the Central Bank of Myanmar Balance of Payments Section has now been modified to accommodate suggested coverage adjustments for imports, and the new estimation model for freight and insurance on imports proposed during March 2019 mission.
Keywords:
ISCR; CR; CBM Balance of Payments Section; Myanmar; BPS compiler; mirror data; verification exercise; deputy governor; data request; Imports; External sector statistics; Civil society organizations; Credit
Cover IMF Staff Country Reports
Zambia: Technical Assistance Report-Government Finance Statistics Mission
International Monetary Fund. Statistics Dept.
This Technical Assistance (TA) report focuses on four key work areas which may lead to improvement of Government Finance Statistics (GFS) for fiscal analysis, support policy making decisions in Zambia, and improve African Department surveillance. The mission found out that the Coordinating Committee, recommended in the previous TA mission, was not yet established. The mission reviewed progress on the legal and institutional arrangements supporting the compilation of GFS as a follow up from recommendations of the previous GFS TA mission and found that the legislation reforms were on track, especially regarding the Public Finance Act. The report also found that Central Statistical Office (CSO) is working on the revision of the Statistics Act to follow the new strategy for National Development of Statistics. For sustainability and consistency purposes, the mission recommended that the CSO staff produce a GFS manual for compilation and dissemination of GFS data.
Keywords:
ISCR; CR; town council; excise duty; economics department; chart of account; local government; debt management; accounts payable; withholding tax; accounts receivable; full general government GFS; Government finance statistics; Civil society organizations; Non-wage benefits; Financial statements; Africa
Cover IMF Staff Country Reports
St. Lucia: Technical Assistance Report-Report on Supply and Use Tables Mission
International Monetary Fund. Statistics Dept.
A technical assistance (TA) mission was undertaken by the Real Sector Statistics Advisor in the Caribbean Regional Technical Assistance Centre (CARTAC) to St. Lucia during September 17–28, 2018, to provide advice to the Central Statistics Office (CSO) on compiling supply and use tables (SUT) for 2016. The 2006 base year for the GDP estimates is outdated and does not reflect the current structure of the economy. In addition, there is scope to improve the input data and methodology used in producing the GDP estimates and to implement the relevant System of National Accounts 2008 (2008 SNA) recommendations.
Keywords:
ISCR; CR; information; center; government output data need; quality issue; I/O ratio; gross income; system data; GDP estimate; SUT product; CIT data; CSO staff; output estimate; government data; NIC data; Data collection; Civil society organizations; Value-added tax; Financial statistics; Caribbean