Abstract
2017 Article IV Consultation-Press Release; Staff Report
Relations with the Fund
As of June 30, 2017
| Membership Status: | Joined July 24, 1968; Article VIII | |
| General resources account | SDR (million) | Percent of Quota |
| Quota | 197.20 | 100.0 |
| Fund holdings of currency | 163.44 | 82.9 |
| Reserve position in Fund | 33.77 | 17.1 |
| SDR Department | SDR (million) | Percent of Quota |
| Net cumulative allocation | 57.43 | 100.0 |
| Holdings | 58.49 | 101.9 |
| Outstanding Purchases and Loans | None | |
| Financial Arrangements | None | |
| Project Obligations to Fund | None | |
| Implementation of HIPC Initiative | Not Applicable | |
| Implementation of Multilateral Debt Relief Initiative | Not Applicable | |
| Implementation of Catastrophe Containment and Relief | Not Applicable | |
| Membership Status: | Joined July 24, 1968; Article VIII | |
| General resources account | SDR (million) | Percent of Quota |
| Quota | 197.20 | 100.0 |
| Fund holdings of currency | 163.44 | 82.9 |
| Reserve position in Fund | 33.77 | 17.1 |
| SDR Department | SDR (million) | Percent of Quota |
| Net cumulative allocation | 57.43 | 100.0 |
| Holdings | 58.49 | 101.9 |
| Outstanding Purchases and Loans | None | |
| Financial Arrangements | None | |
| Project Obligations to Fund | None | |
| Implementation of HIPC Initiative | Not Applicable | |
| Implementation of Multilateral Debt Relief Initiative | Not Applicable | |
| Implementation of Catastrophe Containment and Relief | Not Applicable | |
Exchange Rate Arrangement
The exchange rate of the Botswana Pula is a crawling peg arrangement against a basket of currencies comprising the SRD and the South African Rand. As of June 30, 2017, the exchange rate of the U.S. dollar to the Pula was US$1= P10.25, and that of the South African rand to the Pula was R1=P0.79.
As of November 17, 1995, Botswana accepted the obligations of Article VIII, Sections 2, 3, and 4 of the Fund’s Articles of Agreement. The country maintains an exchange rate system free of restrictions in the making of transfers and payments of current account transactions.
Article IV consultation
Botswana is on a standard 12-month consultation cycle. The last Article IV consultation was concluded by the Executive Board on March 16, 2016.
Technical assistance
| Department | Dates | Purpose |
|---|---|---|
| Fiscal Affairs Department | Apr-May 2016 | Revenue administration diagnostic mission |
| Apr-May 2016 | AFRITAC South: Diagnostic Report - Updated reform strategy | |
| Jul 2016 | AFRITAC South: Support expenditure reviews/ MTEF/ program structures consistent with the NDP | |
| Jul 2016 | AFRITAC South: Operational level compliance risk management framework | |
| Aug 2016 | AFRITAC South: Support for strengthening of fiscal forecasting and investment | |
| Aug 2016 | AFRITAC South: Support the implementation of budget classification, chart of accounts, and progressive introdu | |
| Aug 2016 | AFRITAC South: Strategic Budget Techniques and Public Investment Management | |
| Sep 2016 | AFRITAC South: Assess the status of implementation of the action plan emanating from FY16 risk management missi | |
| Nov-Dec 2016 | AFRITAC South: PIMA mission | |
| Jan 2017 | AFRITAC South: PIMA scoping mission | |
| Jan-Feb 2017 | PIMA | |
| May 2017 | AFRITAC South: Regional Harmonisation | |
| May 2017 | Article IV Mission with AFR [WFHl] | |
| May-Jun 2017 | AFRITAC South: Establishment of industry based segments & capacity LTU | |
| May 2017 | AFRITAC South: the Development of State-Owned Enterprise Performance Monitoring System | |
| May-Jun 2017 | AFRITAC South: Prepare a fiscal risks statements as part of the Budget Options Paper that incorperates macro | |
| Jun 2017 | AFRITAC South: Develop a risk management framework and provide guidance on its implementation | |
| Jul 2017 | AFRITAC South: Strengthening the Risk Management Program | |
| Legal Department | May-Jun 2016 | TA in Financial Markets Law: Payments Regulations |
| Aug 2016 | TA in Fiscal Tax Law - VAT & Income Taxation | |
| Jan-Feb 2017 | TA in Fiscal Law: Follow-up Mission—Income Tax, VAT and Tax Procedures (with AFRITAC South) | |
| Apr 2017 | TA in Financial Markets Law: Payments Regulations (Work at Home) | |
| Monetary and Capital Markets Department | Apr-May 2016 | Multi-Topic TA Mission |
| Jul 2016 | AFRITAC South: Risk Based Supervision- Stress Testing | |
| Aug-Sep 2016 | AFRITAC South: Modeling and Forecasting | |
| Oct 2016 | AFRITAC South: Vision and Strategy for NPS | |
| Oct 2016 | Money and Foreign Exchange Markets and Instruments | |
| Nov-Dec 2016 | Insurance Supervision | |
| Jan 2017 | AFRITAC South: Tools and procedures for communication and information | |
| Feb 2017 | Banking Supervision | |
| Feb-Mar 2017 | AFRITAC South: Developing Monetary Policy Communications- OFFSITE | |
| Mar 2017 | Multiple Topic Bank Resolution / Crisis management | |
| Mar 2017 | Insurance Supervision (follow up) | |
| Mar-Apr 2017 | AFRITAC South: Strengthening the forecasting and policy formulation processes | |
| May 2017 | Macroprudential Policy | |
| Jun 2017 | Effective Macroprudential Framework set-up | |
| Jun 2017 | AFRITAC South: National Payment System Development | |
| Jun 2017 | Macroprudential Policy and Financial Stability STAFF | |
| Jul 2017 | AFRITAC South: Liquidity Management | |
| Jul-Aug 2017 | Insurance Supervision | |
| Aug 2017 | Systemic Risk and Financial Stability STAFF | |
| Statistics Department | Nov-Dec 2016 | AFRITAC South: Consumer Price Index |
| Nov-Dec 2016 | Balance of Payments and External Sector Statistics |
| Department | Dates | Purpose |
|---|---|---|
| Fiscal Affairs Department | Apr-May 2016 | Revenue administration diagnostic mission |
| Apr-May 2016 | AFRITAC South: Diagnostic Report - Updated reform strategy | |
| Jul 2016 | AFRITAC South: Support expenditure reviews/ MTEF/ program structures consistent with the NDP | |
| Jul 2016 | AFRITAC South: Operational level compliance risk management framework | |
| Aug 2016 | AFRITAC South: Support for strengthening of fiscal forecasting and investment | |
| Aug 2016 | AFRITAC South: Support the implementation of budget classification, chart of accounts, and progressive introdu | |
| Aug 2016 | AFRITAC South: Strategic Budget Techniques and Public Investment Management | |
| Sep 2016 | AFRITAC South: Assess the status of implementation of the action plan emanating from FY16 risk management missi | |
| Nov-Dec 2016 | AFRITAC South: PIMA mission | |
| Jan 2017 | AFRITAC South: PIMA scoping mission | |
| Jan-Feb 2017 | PIMA | |
| May 2017 | AFRITAC South: Regional Harmonisation | |
| May 2017 | Article IV Mission with AFR [WFHl] | |
| May-Jun 2017 | AFRITAC South: Establishment of industry based segments & capacity LTU | |
| May 2017 | AFRITAC South: the Development of State-Owned Enterprise Performance Monitoring System | |
| May-Jun 2017 | AFRITAC South: Prepare a fiscal risks statements as part of the Budget Options Paper that incorperates macro | |
| Jun 2017 | AFRITAC South: Develop a risk management framework and provide guidance on its implementation | |
| Jul 2017 | AFRITAC South: Strengthening the Risk Management Program | |
| Legal Department | May-Jun 2016 | TA in Financial Markets Law: Payments Regulations |
| Aug 2016 | TA in Fiscal Tax Law - VAT & Income Taxation | |
| Jan-Feb 2017 | TA in Fiscal Law: Follow-up Mission—Income Tax, VAT and Tax Procedures (with AFRITAC South) | |
| Apr 2017 | TA in Financial Markets Law: Payments Regulations (Work at Home) | |
| Monetary and Capital Markets Department | Apr-May 2016 | Multi-Topic TA Mission |
| Jul 2016 | AFRITAC South: Risk Based Supervision- Stress Testing | |
| Aug-Sep 2016 | AFRITAC South: Modeling and Forecasting | |
| Oct 2016 | AFRITAC South: Vision and Strategy for NPS | |
| Oct 2016 | Money and Foreign Exchange Markets and Instruments | |
| Nov-Dec 2016 | Insurance Supervision | |
| Jan 2017 | AFRITAC South: Tools and procedures for communication and information | |
| Feb 2017 | Banking Supervision | |
| Feb-Mar 2017 | AFRITAC South: Developing Monetary Policy Communications- OFFSITE | |
| Mar 2017 | Multiple Topic Bank Resolution / Crisis management | |
| Mar 2017 | Insurance Supervision (follow up) | |
| Mar-Apr 2017 | AFRITAC South: Strengthening the forecasting and policy formulation processes | |
| May 2017 | Macroprudential Policy | |
| Jun 2017 | Effective Macroprudential Framework set-up | |
| Jun 2017 | AFRITAC South: National Payment System Development | |
| Jun 2017 | Macroprudential Policy and Financial Stability STAFF | |
| Jul 2017 | AFRITAC South: Liquidity Management | |
| Jul-Aug 2017 | Insurance Supervision | |
| Aug 2017 | Systemic Risk and Financial Stability STAFF | |
| Statistics Department | Nov-Dec 2016 | AFRITAC South: Consumer Price Index |
| Nov-Dec 2016 | Balance of Payments and External Sector Statistics |
World Bank and IMF Work Programs
As of June 30, 2017
| Title | Products | IBRD $ Million | Provisional Timing of Missions |
|---|---|---|---|
| A. Mutual Information on Relevant Work Programs | |||
| World Bank indicative work program in the next 12 months | Current Lending
| 145.5 186 | Twice a year until May 31, 2021 Twice a year until January 31, 2020 |
Proposed Lending
| 30 50 40 | FY18 FY19 FY19 | |
Analytical and Advisory Assistance (ongoing)
| FY17-18 FY16-19 FY16-19 FY18 FY17-18 | ||
| IMF work program in the next 12 months | Article IV Consultation | FY19 | |
Technical Assistance
| FY18 | ||
| Title | Products | IBRD $ Million | Provisional Timing of Missions |
|---|---|---|---|
| A. Mutual Information on Relevant Work Programs | |||
| World Bank indicative work program in the next 12 months | Current Lending
| 145.5 186 | Twice a year until May 31, 2021 Twice a year until January 31, 2020 |
Proposed Lending
| 30 50 40 | FY18 FY19 FY19 | |
Analytical and Advisory Assistance (ongoing)
| FY17-18 FY16-19 FY16-19 FY18 FY17-18 | ||
| IMF work program in the next 12 months | Article IV Consultation | FY19 | |
Technical Assistance
| FY18 | ||
Statistical Issues
| I. Assessment of Data Adequacy for Surveillance |
| General. Data provision is adequate for surveillance, albeit some shortcomings in national accounts, fiscal, monetary, and external sector statistics. |
| National Accounts: In October 2012, Statistics Botswana (SB) updated the base year of GDP to 2006 and, in 2015, revised the national accounts to include new mines. Areas for further improvements include the coverage of national accounts surveys and the estimation of GDP deflators. TA is provided by the African Development Bank. |
| Price Statistics. The monthly consumer price index (CPI) is available on a timely manner on the SB’s website. The index is comprehensive and provides breakdowns between urban and rural price data and between prices of tradable and non-tradable goods and services. A re-based CPI was first published in October 2016 with an index reference period of September 2016. The weights are derived from the 2009/10 Botswana Core Welfare Indicator Survey. A Multi-Topic Household Survey was conducted during 2015-16. The Survey will support the next re-basing of the CPI expected in early 2018. Compilation challenges include the eventual inclusion of owner-occupied housing costs in the CPI. The development of producer prices is being assisted by AFRITAC South but progress has been slow. |
| Government Finance Statistics (GFS). The Ministry of Finance and Economic Development compiles cash-based quarterly and annual budgetary central government data following the Government Finance Statistics Manual 2014. No balance sheet data and no expenditure by classification of functions of government (COFOG) are currently reported. No data are compiled for extrabudgetary institutions, consolidated central government, or consolidated general government. Data quality improvements require a breakdown between grants, subsidies, and transfers; and between current and capital outlays in the development budget. The authorities are working on improving data quality and coverage with the development of a revised chart of accounts; they are also expected to broaden the scope of GFS to include local governments and extrabudgetary units. |
| Monetary and Financial Statistics (MFS). The Bank of Botswana (BoB) compiles MFS data using standardized report forms (SRFs) consistent with the Fund’s Monetary and Financial Statistics Manual. The data currently cover the accounts of the BoB and other depository corporations. The BoB is seeking to expand the coverage of MFS to include the operations of nonbank financial intermediaries such as pension funds, insurance companies, and other financial corporations (e.g. unit trusts, finance companies, and financial auxiliaries). The BoB compiles quarterly financial soundness indicators for deposit-takers and real estate markets. |
| External Sector Statistics. Since 2017, the balance of payments and international investment position (IIP) are compiled following the sixth edition of the Balance of Payments Statistics Manual (BPM6). Quarterly balance of payments and annual IIP data (with the BPM6 framework) are available for 2010-2016. Source data are broadly adequate; the main data source—the International Transaction Reporting System (ITRS) data—has been recently enhanced and work is underway for adjusting it to BPM6 requirements. The methods used for estimating f.o.b. /c.i.f. adjustment factors to import values, flows from stock data, and stocks from flows need to be revised. Discrepancies exist in trade statistics data concerning: (i) the valuation of diamond exports and imports, and (ii) imports, exports, and payments related to settlements within the Southern African Customs Union (SACU). Following the relocation of De Beers’ London operations, the compilation challenges associated with the appropriate treatment of diamond related re-export trade emerged both in the national accounts and balance of payments. These difficulties are likely behind the large errors and omissions recorded in recent years. |
| II. Data Standards and Quality |
| Botswana is a participant in the Fund’s GDDS (now e-GDDS) since October 24, 2002. Its metadata and improvement plan were last updated on August 6, 2015. Its data ROSC was published on March 27, 2007. Botswana has implemented the recommendations of the Enhanced General Data Dissemination System (e-GDDS). Botswana disseminates thirteen of the fifteen data categories defined in Table 1 on its National Summary Data Page (NSDP). This puts Botswana in Baseline 2 of the e-GDDS monitoring framework. Periodicity and timeliness of data dissemination on the NSDP are largely in accordance with Botswana’s metadata—albeit with some shortcomings, especially for the timeliness of central government gross debt. Botswana should continue building capacity to disseminate data on general government operations and external debt, and progress towards higher tiers of data standards. Areas for improvement include timeliness and periodicity of central government gross debt and BOP data. |
| III. Reporting to the IMF’s Statistics Department |
| The BoB reports monetary data for publication in International Financial Statistics using Standardized Report Forms and quarterly FSIs for deposit-takers and real estate markets. Annual balance of payments and IIP data are reported to STA. The Ministry of Finance reports cash-based budgetary central government data on an annual basis to the IMF’s Government Finance Statistics Yearbook. |
| I. Assessment of Data Adequacy for Surveillance |
| General. Data provision is adequate for surveillance, albeit some shortcomings in national accounts, fiscal, monetary, and external sector statistics. |
| National Accounts: In October 2012, Statistics Botswana (SB) updated the base year of GDP to 2006 and, in 2015, revised the national accounts to include new mines. Areas for further improvements include the coverage of national accounts surveys and the estimation of GDP deflators. TA is provided by the African Development Bank. |
| Price Statistics. The monthly consumer price index (CPI) is available on a timely manner on the SB’s website. The index is comprehensive and provides breakdowns between urban and rural price data and between prices of tradable and non-tradable goods and services. A re-based CPI was first published in October 2016 with an index reference period of September 2016. The weights are derived from the 2009/10 Botswana Core Welfare Indicator Survey. A Multi-Topic Household Survey was conducted during 2015-16. The Survey will support the next re-basing of the CPI expected in early 2018. Compilation challenges include the eventual inclusion of owner-occupied housing costs in the CPI. The development of producer prices is being assisted by AFRITAC South but progress has been slow. |
| Government Finance Statistics (GFS). The Ministry of Finance and Economic Development compiles cash-based quarterly and annual budgetary central government data following the Government Finance Statistics Manual 2014. No balance sheet data and no expenditure by classification of functions of government (COFOG) are currently reported. No data are compiled for extrabudgetary institutions, consolidated central government, or consolidated general government. Data quality improvements require a breakdown between grants, subsidies, and transfers; and between current and capital outlays in the development budget. The authorities are working on improving data quality and coverage with the development of a revised chart of accounts; they are also expected to broaden the scope of GFS to include local governments and extrabudgetary units. |
| Monetary and Financial Statistics (MFS). The Bank of Botswana (BoB) compiles MFS data using standardized report forms (SRFs) consistent with the Fund’s Monetary and Financial Statistics Manual. The data currently cover the accounts of the BoB and other depository corporations. The BoB is seeking to expand the coverage of MFS to include the operations of nonbank financial intermediaries such as pension funds, insurance companies, and other financial corporations (e.g. unit trusts, finance companies, and financial auxiliaries). The BoB compiles quarterly financial soundness indicators for deposit-takers and real estate markets. |
| External Sector Statistics. Since 2017, the balance of payments and international investment position (IIP) are compiled following the sixth edition of the Balance of Payments Statistics Manual (BPM6). Quarterly balance of payments and annual IIP data (with the BPM6 framework) are available for 2010-2016. Source data are broadly adequate; the main data source—the International Transaction Reporting System (ITRS) data—has been recently enhanced and work is underway for adjusting it to BPM6 requirements. The methods used for estimating f.o.b. /c.i.f. adjustment factors to import values, flows from stock data, and stocks from flows need to be revised. Discrepancies exist in trade statistics data concerning: (i) the valuation of diamond exports and imports, and (ii) imports, exports, and payments related to settlements within the Southern African Customs Union (SACU). Following the relocation of De Beers’ London operations, the compilation challenges associated with the appropriate treatment of diamond related re-export trade emerged both in the national accounts and balance of payments. These difficulties are likely behind the large errors and omissions recorded in recent years. |
| II. Data Standards and Quality |
| Botswana is a participant in the Fund’s GDDS (now e-GDDS) since October 24, 2002. Its metadata and improvement plan were last updated on August 6, 2015. Its data ROSC was published on March 27, 2007. Botswana has implemented the recommendations of the Enhanced General Data Dissemination System (e-GDDS). Botswana disseminates thirteen of the fifteen data categories defined in Table 1 on its National Summary Data Page (NSDP). This puts Botswana in Baseline 2 of the e-GDDS monitoring framework. Periodicity and timeliness of data dissemination on the NSDP are largely in accordance with Botswana’s metadata—albeit with some shortcomings, especially for the timeliness of central government gross debt. Botswana should continue building capacity to disseminate data on general government operations and external debt, and progress towards higher tiers of data standards. Areas for improvement include timeliness and periodicity of central government gross debt and BOP data. |
| III. Reporting to the IMF’s Statistics Department |
| The BoB reports monetary data for publication in International Financial Statistics using Standardized Report Forms and quarterly FSIs for deposit-takers and real estate markets. Annual balance of payments and IIP data are reported to STA. The Ministry of Finance reports cash-based budgetary central government data on an annual basis to the IMF’s Government Finance Statistics Yearbook. |
Botswana: Common Indicators Required for Surveillance
(As of June 30, 2017)
Daily (D), weekly (W), monthly (M), quarterly (Q), annually (A), irregular (I), and not available (NA).
Reflects the assessment provided in the data ROSC published on April 6, 2007 and based on the findings of the mission that took place in October-November 2006 for the data set corresponding to the variable in each row. The assessment indicates whether international standards concerning concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 2, except referring to international standards concerning source data, assessment of source data, statistical techniques, assessment and validation of intermediate data and statistical outputs, and revision studies.
Includes reserve assets pledged or otherwise encumbered as well as net derivative positions.
Both market-based and officially determined, including discount, money market, treasury bill, notes, and bond rates.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Botswana: Common Indicators Required for Surveillance
(As of June 30, 2017)
| Memo Items | |||||||
|---|---|---|---|---|---|---|---|
| Date of Latest Observation | Date Received | Frequency of Data1 | Frequency of Reporting1 | Frequency of Publication1 | Data Quality—Methodological Soundness2 | Data Quality—Accuracy and Reliability3 | |
| Exchange rates | Jun/2017 | 7/1/2017 | D | D | D | ||
| International reserve assets and reserve liabilities of the monetary authorities 4 | Jun/2017 | 7/12/2017 | M | M | M | ||
| Reserve/base money | Jun/2017 | 7/12/2017 | M | M | M | O, O, LO, O | LNO, O, LO, LO, LO |
| Broad money | Apr/2017 | 6/12/2017 | M | M | M | ||
| Central bank balance sheet | Apr/2017 | 6/12/2017 | M | M | M | ||
| Consolidated balance sheet of the banking system | May/2017 | 7/12/2017 | M | M | M | ||
| Interest rates 5 | May/2017 | 6/13/2017 | M | M | M | LO, LO, LO, | |
| Consumer price index | May/2017 | 6/14/2017 | M | M | M | O, LO, O, O | LO, O |
| Revenue, expenditure, balance, and composition of financing 6—general government 7 | NA | NA | LO, LNO, LNO, LO | LO, O, LO, LO, LNO | |||
| Revenue, expenditure, balance, and composition of financing 6—central government | Feb 2017 | May 2017 | A/Q/M | Q | Q | ||
| Stocks of central government and central government-guaranteed debt 8 | 2016Q4 | May 2017 | Q | Q | Q | LO, LO, | |
| External current account balance | 2016 | 6/15/2017 | A/Q | A | A | O, O, O, LO | LNO, O, LO |
| Exports and imports of goods | Dec/2016 | Jun 2017 | M | M | M | LO, LO, | LO, LO, |
| GDP/GNP | 2017Q1 | June 2017 | A/Q | A/Q | A/Q | LNO, LO | LNO, LO, LO |
| Gross external debt | 2016Q4 | June 2017 | A/Q | A | A | ||
Daily (D), weekly (W), monthly (M), quarterly (Q), annually (A), irregular (I), and not available (NA).
Reflects the assessment provided in the data ROSC published on April 6, 2007 and based on the findings of the mission that took place in October-November 2006 for the data set corresponding to the variable in each row. The assessment indicates whether international standards concerning concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 2, except referring to international standards concerning source data, assessment of source data, statistical techniques, assessment and validation of intermediate data and statistical outputs, and revision studies.
Includes reserve assets pledged or otherwise encumbered as well as net derivative positions.
Both market-based and officially determined, including discount, money market, treasury bill, notes, and bond rates.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Botswana: Common Indicators Required for Surveillance
(As of June 30, 2017)
| Memo Items | |||||||
|---|---|---|---|---|---|---|---|
| Date of Latest Observation | Date Received | Frequency of Data1 | Frequency of Reporting1 | Frequency of Publication1 | Data Quality—Methodological Soundness2 | Data Quality—Accuracy and Reliability3 | |
| Exchange rates | Jun/2017 | 7/1/2017 | D | D | D | ||
| International reserve assets and reserve liabilities of the monetary authorities 4 | Jun/2017 | 7/12/2017 | M | M | M | ||
| Reserve/base money | Jun/2017 | 7/12/2017 | M | M | M | O, O, LO, O | LNO, O, LO, LO, LO |
| Broad money | Apr/2017 | 6/12/2017 | M | M | M | ||
| Central bank balance sheet | Apr/2017 | 6/12/2017 | M | M | M | ||
| Consolidated balance sheet of the banking system | May/2017 | 7/12/2017 | M | M | M | ||
| Interest rates 5 | May/2017 | 6/13/2017 | M | M | M | LO, LO, LO, | |
| Consumer price index | May/2017 | 6/14/2017 | M | M | M | O, LO, O, O | LO, O |
| Revenue, expenditure, balance, and composition of financing 6—general government 7 | NA | NA | LO, LNO, LNO, LO | LO, O, LO, LO, LNO | |||
| Revenue, expenditure, balance, and composition of financing 6—central government | Feb 2017 | May 2017 | A/Q/M | Q | Q | ||
| Stocks of central government and central government-guaranteed debt 8 | 2016Q4 | May 2017 | Q | Q | Q | LO, LO, | |
| External current account balance | 2016 | 6/15/2017 | A/Q | A | A | O, O, O, LO | LNO, O, LO |
| Exports and imports of goods | Dec/2016 | Jun 2017 | M | M | M | LO, LO, | LO, LO, |
| GDP/GNP | 2017Q1 | June 2017 | A/Q | A/Q | A/Q | LNO, LO | LNO, LO, LO |
| Gross external debt | 2016Q4 | June 2017 | A/Q | A | A | ||
Daily (D), weekly (W), monthly (M), quarterly (Q), annually (A), irregular (I), and not available (NA).
Reflects the assessment provided in the data ROSC published on April 6, 2007 and based on the findings of the mission that took place in October-November 2006 for the data set corresponding to the variable in each row. The assessment indicates whether international standards concerning concepts and definitions, scope, classification/sectorization, and basis for recording are fully observed (O), largely observed (LO), largely not observed (LNO), not observed (NO), or not available (NA).
Same as footnote 2, except referring to international standards concerning source data, assessment of source data, statistical techniques, assessment and validation of intermediate data and statistical outputs, and revision studies.
Includes reserve assets pledged or otherwise encumbered as well as net derivative positions.
Both market-based and officially determined, including discount, money market, treasury bill, notes, and bond rates.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.