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.
This Report on the Observance of Standards and Codes data module provides a review of Botswana’s data dissemination practices against the IMF’s General Data Dissemination System, complemented by an in-depth assessment of the quality of the national accounts, consumer price index, producer price index, government finance, monetary, and balance-of-payments statistics. All three of Botswana’s statistics producing agencies have a legal and institutional framework that supports statistical quality and demonstrate an awareness of quality as the cornerstone of statistical work. All three agencies also demonstrates professionalism and provide ethical guidelines to their staff.
This Selected Issues and Statistical Appendix paper on Burkina Faso reviews background information and analytical support for key policy issues. This paper extends the results from the debt sustainability analysis for Burkina Faso and develops two alternative debt ratios that are suitable for assessing the impact of discount rate changes on the debt burden of the country. To better understand the implications of discount rate changes on the debt situation, the set of available debt ratios by developing two new measures of debt burden were extended.
In the space of just a few years, the term “civil society” has entered the international policy vocabulary in many contexts. The IMF’s engagement with civil society organizations (CSOs) raises several broad questions: Which CSOs have been, and should be, engaged by the Fund? What questions should IMF-CSO engagement address? What are the limits to the dialogue? This paper examines the evolution of IMF-civil society relations and their effects on the Fund. It also seeks to identify the tensions that underlie the relationship.
The strategy proposed in this paper seeks to build understanding and support for the IMF’s reform agenda as outlined in the IMF's Medium-Term Strategy, further integrate communications with operations, raise the impact of communication tools, and rebalance outreach efforts.
International Monetary Fund. External Relations Dept.
The Web edition of the IMF Survey is updated several times a week, and contains a wealth of articles about topical policy and economic issues in the news. Access the latest IMF research, read interviews, and listen to podcasts given by top IMF economists on important issues in the global economy. www.imf.org/external/pubs/ft/survey/so/home.aspx
The paper uses a unique survey of remittance-receiving individuals from Tajikistan to study the impact of policy awareness on consumer behavior. The results show that knowledge of deposit insurance encourages the use of formal channels for transmitting remittances and reduces dollarization. Given the size and importance of remittances in Tajikistan, improving financial literacy and better publicizing details of the social safety net may encourage a more frequent use of formal channels for transferring remittances and reduce reliance on foreign exchange for transaction purposes. This is likely to improve bank profitability, enhance financial stability, and improve access to finance.
Transparency and communication have become central to the IMF's mission. The main thesis is that an important means of further strengthening the IMF's external communication in the period ahead will be better coordination and integration of communication with the IMF's policies and operations, especially in country work and for major policy initiatives and issues. Options for implementing the IMF's existing external communications strategy that can be accommodated within existing budget limits are highlighted for discussion.