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Cover IMF Staff Country Reports
Bhutan: Staff Report for the 2016 Article IV Consultation—Informational Annex
International Monetary Fund. Asia and Pacific Dept

Macroeconomic conditions have improved recently. Growth appears to be picking up while inflation has declined to low single digits; foreign reserves have been increasing on the back of a strong financial account; the fiscal balance has recorded a surplus in the past two years; and credit growth remains moderate. Financial soundness indicators point to a modest improvement in the health of the financial sector.

Keywords:
ISCR; CR; deficit; current account; authority; authorities endeavor; real GDP; Indian rupee; ADB assistance; producer price index; rated ADB country operation; standard of living; Government finance statistics; External sector statistics; Loans; investment climate
Cover IMF Committee on Balance of Payments Statistics
IMF Committee on Balance of Payments Statistics
Annual Report 2019
Mr. Carlos Sanchez-Munoz, Mr. Paul A Austin, Alicia Hierro, and Ms. Tamara Razin

Abstract

The 2019 Annual Report of the IMF Committee on Balance of Payments Statistics (the Committee) provides an overview of recent trends in global balance of payments and international investment position statistics, summarizes the Committee’s work during 2019, and presents the work program of the Committee in the coming year.

Keywords:
BY; BOP; term id; term; asymmetry; IIP data; statistics; Committee's mandate; portfolio investment survey; balance sheet statistics; IMF statistics; Balance of payments statistics; External sector statistics; Current account balance; Special purpose vehicle; International investment position; Global
Cover IMF Staff Country Reports
Bhutan: Technical Assistance Report-SARTTAC Report on National Accounts Statistics Mission
International Monetary Fund. Statistics Dept.
This Technical Assistance Report discusses the findings and recommendations made the IMF mission to assist the Bhutanese authorities in improving estimates of annual GDP, and in developing methods for compiling quarterly GDP estimates. The mission found that the National Statistics Bureau (NSB) is engaged in a range of projects to improve Bhutan’s national accounts statistics. Updated annual GDP statistics signal an improvement in data quality, which should enhance policymakers’ ability to formulate and operationalize evidence-based decisions. Significant improvements to Bhutan’s national accounts statistics can be achieved using a three-step process. The NSB should also keep in mind the need to incorporate methodological and conceptual/definitional revisions during the benchmarking and rebasing process.
Keywords:
ISCR; CR; statistics; GDP; GDP statistics; activities date; TA mission; improvement program; price statistics; Data collection; Insurance companies; Insurance; Asia and Pacific; South Asia
Cover IMF Staff Country Reports
Bhutan: Technical Assistance Report-Report on the External Sector Statistics Technical Assistance Mission (April 2–13, 2018)
International Monetary Fund. Statistics Dept.
As part of the IMF-South Asia Regional Training and Technical Assistance Center (SARTTAC) work program, a technical assistance (TA) mission on external sector statistics (ESS) was conducted during April 2–13, 2018. The mission assisted the Royal Monetary Authority (RMA) in compiling and disseminating external debt statistics (EDS) consistent with the international investment position (IIP), reviewed the compilation method of direct investment statistics, and assessed the coverage of external flows related to hydropower projects.
Keywords:
ISCR; CR; FDI company; FDI data; compilation file; FDI worksheet; loans liabilities transaction; resident in Bhutan; accrued interest; Foreign direct investment; External sector statistics; International investment position; Loans; Asia and Pacific