An external sector statistics (ESS) mission visited Djibouti from January 26–30, 2020. This was the fourth mission under the JSA/AFR project to improve ESS in 17 Francophone African countries. The mission found that significant data on direct investment (DI) have not been incorporated in either the balance of payments or international investment position (IIP) statistics since 2017.
The separate identification of current and capital transfers was introduced for the first time in the fifth edition of the Fund’s Balance of Payments Manual (Manual) . The breakdown of unrequited transfers—hitherto all treated as current—reflected the collective decision of national balanceofpaymentscompilers, representing all the constituencies of the Fund at the March 1992 meeting of compilers at Fund headquarters in Washington, D.C. The two main factors that contributed to the decision were (i) the objective of as complete