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International Monetary Fund. Statistics Dept.

purpose of the mission was to assist the ASD in strengthening the compilation and dissemination of ESS . This is intended to facilitate a robust assessment of external sector developments and policy impact. Reliable ESS are essential for informed economic policy-making by the authorities. In January 2016, the ECCB released preliminary reviewed data of 2014 balance of payments and—for the first time—international investment position statistics for Anguilla and the rest of ECCU member economies . The ASD has the highest ESS survey response rate in the ECCU (around 90

International Monetary Fund. Asia and Pacific Dept

the number of direct reporting private enterprises. Since May 2014, BOM has produced 2012-annual international investment position data for submission to STA. Priorities for improvement are to (1) submit quarterly external debt statistics to the World Bank’s Quarterly External Debt Statistics (QEDS) database in collaboration with the Ministry of Finance; and (2) assess the State Registry Office’s database on all enterprises registered in Mongolia to determine whether all relevant enterprises with direct investment are included in the BOM’s ESS surveys. II

International Monetary Fund. Statistics Dept.
A technical assistance (TA) mission on external sector statistics (ESS) was conducted in The Valley, Anguilla, during March 27–31, 2017. This was the first mission to Anguilla carried out as part of the Caribbean Regional Technical Assistance Centre (CARTAC) work program on external sector statistics (ESS) and in response to requests from the Anguilla Statistics Department (ASD) of Anguilla’s Ministry of Finance, Economic Development, Commerce, Tourism, Land & Physical Planning (MFED).1 The purpose of the mission was to assist the ASD in strengthening the compilation and dissemination of ESS. This is intended to facilitate a robust assessment of external sector developments and policy impact. Reliable ESS are essential for informed economic policy-making by the authorities.
International Monetary Fund. Statistics Dept.

Recommendation Responsible Institutions Completed Assess the results of the foreign direct investment survey (FDIS) of businesses conducted by INSTAT for 2015 and use the results to estimate the balance of payments components for 2015–2017 . BFM in collaboration with INSTAT February 2019 Launch the annual ESS survey to collect the data for 2016 and 2017 . BFM in collaboration with INSTAT Completed Compile the preliminary version of the IIP for all institutional sectors for end-2016 and 2017, based on BPM6 and using

International Monetary Fund. Statistics Dept.

for the survey is secured. March 2018 Delayed H MPD and CSO to conduct a pilot survey with approximately 10 of the largest foreign-owned companies. Pilot survey is conducted and results are assessed. December 2018 Delayed H Conduct the full survey. Full survey is conducted. April 2019 Delayed H Include survey results in ESS. Survey results are incorporated in ESS to improve quality of the data for the nonfinancial private sector. December 2019 Not yet M Continue to compare Direction of Trade Statistics (DOTS) and

International Monetary Fund. Statistics Dept.
This Technical Assistance report highlights that the mission visited Madagascar to aid in the external sector statistics (ESS), including the balance of payments and international investment position (IIP). The mission focused on assisting improving the coverage of IIP by better using the administrative sources or by identifying new data sources for private sector. A more sustained effort must be applied to the collection system to ensure the timelier submission of data of adequate quality. The compilation of the quarterly ESS, which is one of the main ESS objectives, requires both an increase in the number of compilers and a change of approach in the collection of source data. The quarterly data are compiled on the basis of the ESRI and should be supplemented by the collection of quarterly data using a simple survey of major public and private enterprises. The mission recommended a detailed one-year action plan with a set of priority recommendations carrying particular weight to make headway in improving the ESS.
International Monetary Fund. Statistics Dept.

was Nu 130 million and the value of equity provided by the same company in the FDI survey was Nu 13 million. This large discrepancy should be investigated and corrected. The financial statements collected by the FERD should be used to periodically cross-check the data provided by the FDI companies through the surveys. 28. The FERD and the MRSD plan to visit all FDI companies during April . The FERD will visit the 61 FDI companies resident in Bhutan for inspection. A staff from the MRSD will join these visits to explain the ESS survey form to all FDI companies and

International Monetary Fund. Statistics Dept.

GFS/1SR GFS/1SR GFS/1SR Counterpart ESS F3 Debt securities CSD/ESS/ Survey 1SR/ESS 2SR 4SR CSD/GFS CSD/GFS CSD/GFS Counterpart ESS F4 Loans 2SR/4SR/ Survey 1SR/ESS 2SR 4SR ESS/MOF ESS/MOF ESS/MOF Counterpart ESS F5 Equity & investment fund shares CSD/Survey /ESS 1SR/ESS 2SR 4SR GFS/Surveys GFS/Surveys GFS/Surveys Counterpart ESS F511 Listed shares CSD

International Monetary Fund. Statistics Dept.

for preparation of the external accounts. Discussions with the Ministry of Mines and the Guinean Chamber of Mines (CMG) should continue to urge the mining companies to correctly answer the ESS survey questionnaires. 20. Consistency was achieved between the balance of payments statistics and the data in the fiscal reporting table (Tableau des opérations financières de l’État—TOFE) . The DSBP should ensure that the items affected in the balance of payments are updated based on the regular updates of the TOFE statistics. In addition, the BCRG’s monetary survey (1SR

International Monetary Fund. Statistics Dept.

H Secure funding for the survey. Funding for the survey is secured. March 2018 Delayed H MPD and CSO to conduct a pilot survey with approximately 10 of the largest foreign-owned companies. Pilot survey is conducted, and results are assessed. December 2018 Delayed H Conduct the full survey. Full survey is conducted. April 2019 Delayed H Include survey results in ESS. Survey results are incorporated in ESS to improve quality of the data for the nonfinancial private sector. December 2019