This technical assistance mission collaborated with the National Institute of Statistics and Informatics in Peru to incorporate big data methods into compilation of the consumer price index (CPI). This includes both prices ingested from the websites of large retailers and data recorded through in-store checkout scanners.
Regular rebasing is essential to ensure that gross domestic product (GDP) volume estimates remain relevant over the years by recording the importance of all economic activities as well as their relative prices. The base year of the actual GDP estimates of Sierra Leone is the year 2006. The new base will be the year 2018 and will provide an up-to-date and comprehensive estimate of Sierra Leone’s economic activity. At the request of the Statistics Sierra Leone (STATS SL), a technical assistance mission was conducted to provide guidance on the analyses of the source data and method used to compile the GDP data as well as to develop the Supply and Use Tables. The mission was conducted under the auspices of AFRITAC West 2, IMF.
Mr. Carlos Sanchez-Munoz, Artak Harutyunyan, and Ms. Padma S Hurree Gobin
The Note is meant to assist compilers in the practical application of the agreed defini¬tion to identify resident Special Purpose Entities (SPE) in their jurisdictions and in collecting and reporting SPE-related cross-border data. To this end, these guidelines provide practical advice on the (1) implementa¬tion of the definition of SPEs, (2) possible data sources and processes for collecting and compiling SPE-related statistics, and (3) reporting within the agreed Data Template.