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International Monetary Fund

Australia’s statistics are of a high quality. Based on the review of its statistical practices, a set of recommendations is presented designed to increase its adherence to internationally accepted statistical practices. The aim of the review is to enhance the usefulness of Australia’s statistics in terms of cross-cutting recommendations, making national accounts series available; a national consumer price index; producer price index; and government finance statistics to include a breakdown of stocks and flows of financial assets and liabilities, monetary statistics, balance of payments, and international investment position statistics.

International Monetary Fund

Australia’s statistics are of a high quality. Based on the review of its statistical practices, a set of recommendations is presented designed to increase its adherence to internationally accepted statistical practices. The aim of the review is to enhance the usefulness of Australia’s statistics in terms of cross-cutting recommendations, making national accounts series available; a national consumer price index; producer price index; and government finance statistics to include a breakdown of stocks and flows of financial assets and liabilities, monetary statistics, balance of payments, and international investment position statistics.

International Monetary Fund. Western Hemisphere Dept.

This 2013 Article IV Consultation highlights economic developments and policies in The Bahamas. The paper focuses on policies to secure fiscal, external, and the financial sector stability, and strengthen medium-term growth. It outlines that the authorities need to implement comprehensive policies to restrict the central government deficit and reduce debt to comfortable levels. It suggests that economic activity in The Bahamas is expected to pick up more strongly from 2014 onward as the U.S. recovery accelerates and The Bahamas starts operations. Also, investment is projected to remain strong in the near future.

International Monetary Fund

Bangladesh’s 2008 Article IV Consultation reports that growth picked up strongly from a slow start to the year with rebounds in agriculture and garment exports playing a leading role. Strong growth of remittances and increased external assistance helped support the balance of payments in the face of rising import costs. An impressive increase in government revenues, bringing state-owned enterprise losses onto the budget, and the substantial increase in administered prices have been significant achievements.

International Monetary Fund

This 2011 Article IV Consultation highlights that the difficult global economic conditions continue to hit Barbados with growth at anemic levels. The current account deficit has widened in recent times owing to higher oil and food prices. Executive Directors commended the authorities for adopting a revised Medium-Term Fiscal Strategy aimed at generating a balanced budget. They emphasized that fiscal consolidation should focus on expenditure reduction, including lowering the wage bill, reducing transfers to public enterprises, and minimizing tax exemptions.

International Monetary Fund

The Report on the Observance of Standards and Codes (ROSC) Data Module provides an assessment of Bolivia’s macroeconomic statistics against the recommendations of the General Data Dissemination System (GDDS). The report reveals that the quality of Bolivia’s macroeconomic statistics has improved over recent years. The statistics have been broadly adequate for macroeconomic analysis and policy design and monitoring. The authorities have demonstrated a commitment to pursue plans and programs to further improve their statistics.

International Monetary Fund

The Report on the Observance of Standards and Codes (ROSC)—Data Module provides an assessment of Botswana’s macroeconomic statistics against the recommendations of the General Data Dissemination System, complemented by an assessment of data quality based on the IMF’s Data Quality Assessment Framework, July 2003. It reveals that there has been a strengthening of the relevance of the data, the transparency of statistical policies and practices, and the accessibility of data and metadata. Staff of statistical agencies also exhibits a high level of professionalism and ethical standards.