- International Monetary Fund. Statistics Dept.
- Published Date:
- June 2015
1. After its creation was endorsed by the IMF Executive Board in February 1992, the IMF Committee on Balance of Payments Statistics (Committee) was organized and first met in November 1992. Initially, its main purpose was to oversee the implementation of the recommendations of two studies on imbalances in the measured world current account and financial flows. The Committee’s mandate has broadened over the years to cover improving the availability, consistency, and reliability of balance of payments and international investment position (IIP) statistics, fostering greater coordination of data collections among countries, and facilitating the exchange of statistics.1
2. The Committee held its twenty-seventh meeting during October 27–29, 2014 in Washington, D.C. The participants in the meeting, which include members of the Committee and representatives from international organizations, are listed in Appendix II.
3. The following three sections of this Annual Report examine recent trends in global balance of payments and IIP data; review the work undertaken by the Committee in 2014; and outline the Committee’s medium–term work program for 2015; respectively.