Asia and Pacific > Sri Lanka

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Mr. Robin Koepke and Simon Paetzold
This paper provides an analytical overview of the most widely used capital flow datasets. The paper is written as a guide for academics who embark on empirical research projects and for policymakers who need timely information on capital flow developments to inform their decisions. We address common misconceptions about capital flow data and discuss differences between high-frequency proxies for portfolio flows. In a nowcasting “horse race” we show that high-frequency proxies have significant predictive content for portfolio flows from the balance of payments (BoP). We also construct a new dataset for academic use, consisting of monthly portfolio flows broadly consistent with BoP data.
International Monetary Fund
The International Monetary Fund’s Executive Board regularly reviews progress and developments under the Data Standards Initiatives. The last review—Eighth Review—undertaken in February 2012 introduced the Special Data Dissemination Standard (SDDS) Plus. In light of the long experience under the Data Standards Initiatives established in the mid-1990s, this review takes a longer term retrospective on what has been achieved so far, and highlights some of the lessons learned. What is evident is the contrast between the progress of countries with more advanced dissemination practices (SDDS and SDDS Plus), and the slow pace of improvement under the General Data Dissemination System (GDDS).
International Monetary Fund


This paper reports a brief description of the IMF and its activities, focusing in particular on its technical assistance activities. The report describes in detail the Japan Administered Account for Selected Fund Activities (JSA)—its objectives, size, scope and use, as well as assessments of its activities, with a focus on fiscal year 2004—and the scholarship programs that it finances. The IMF finances its technical assistance for its member countries mainly from its own budgetary resources; it also receives external financing from bilateral and multilateral partners. JSA resources can be used to cover the costs of short- and long-term technical assistance experts and those providing seminars and workshops. In addition, JSA projects in two or three countries are visited and reviewed each year by a joint Japan-IMF mission. These visits provide the Japanese authorities with a firsthand view of how JSA funding is being used in the field.

International Monetary Fund
This report is a summary assessment of Sri Lanka’s data dissemination practices against the IMF’s Special Data Dissemination Standard (SDDS), complemented by an in-depth assessment of the elements of data quality that underlie the national accounts, prices, government finance, monetary, and balance-of-payments statistics. Sri Lanka has made good progress in meeting most of the SDDS specifications on coverage, periodicity, and timeliness of data categories. Shortcomings exist in the access, integrity, and quality dimensions compared with the SDDS. All agencies demonstrate professionalism and are generally transparent in their practices and policies