Chapter

Introduction

Author(s):
International Monetary Fund. Statistics Dept.
Published Date:
June 2014
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1. The IMF Committee on Balance of Payments Statistics (Committee) was established in 1992. Initially, its main purpose was to oversee the implementation of the recommendations of two studies on imbalances in measured world current account and financial flows. The Committee’s mandate has broadened over the years to cover improving the availability, consistency, and reliability of balance of payments and international investment position (IIP) statistics, fostering greater coordination of data collection among countries, and facilitating the exchange of statistics.1

2. The Committee held its twenty-sixth meeting during October 28–30, 2013 in Muscat, Oman. The participants in the meeting, which include members of the Committee and representatives from international organizations, are listed in Appendix II.

3. The following three sections of this Annual Report examine recent trends in global balance of payments and IIP data; review the work undertaken by the Committee in 2013; and outline the Committee’s medium–term work program for 2014, respectively.

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