scholarly journals Myanmar

2020 ◽  
Vol 20 (47) ◽  
Author(s):  

A technical assistance (TA) mission on external sector statistics (ESS) was conducted for the Directorate of Investment and Company Administration of Myanmar (DICA) in Yangon during April 10–12, 2019. This was the sixth mission under the Project on the Improvement of ESS in the Asia–Pacific region. The Project is funded by the Government of Japan; managed by the IMF Statistics Department (STA); and implemented by the IMF Capacity Development Office in Thailand (CDOT). Intensive hands-on training provided to the DICA through peripatetic TA missions have effectively contributed to building up capacity for DICA compilers, which have gradually materialized and translated into successful FDI surveys (FDIS) conducted last year. Data coverage has significantly improved through inclusion of foreign direct investment (FDI) in oil and gas sector, which is one of the largest FDI recipients for Myanmar. Moreover, the DICA also compiles quarterly FDI flows and positions; and submits to the Central Bank of Myanmar (CBM) on a regular basis to support the CBM’s compilation of the balance of payments and international investment position (IIP). The DICA also participates in the Coordinated Direct Investment Survey (CDIS), with regular submission of data to the STA.

2020 ◽  
Vol 20 (166) ◽  
Author(s):  

The International Monetary Fund (IMF)’s Statistics Department (STA) conducted a technical assistance (TA) mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics (ESS) in Montenegro during January 20–31, 2020. The mission was funded by Eurostat to meet the European Union (EU)’s acquis1 from the ESS perspective. The CBM has already met most of the EU requirements in ESS. The main outstanding issue is a production of international investment position (IIP) quarterly.


2019 ◽  
Vol 2019 (306) ◽  
Author(s):  

An external sector statistics (ESS) technical assistance (TA) mission visited the National Statistics Office of Georgia (Geostat) in Tbilisi, Georgia, during May 6–10, 2019. It was undertaken at the request of Geostat and was a follow up to the TA mission conducted in November 2016. The main objectives of the mission were to assess the Geostat’s progress in the area of external sector statistics (ESS) and provide further recommendations on improving the data collection and compilation for producing the financial account components, including direct investment statistics, in an integrated format. Additionally, the mission worked closely with the National Bank of Georgia (NBG)—the institution in charge of compilation of balance of payments, international investment position (IIP), and external debt statistics—on issues related to reconciliation between the data provided by the Geostat with compiled ESS datasets.


2020 ◽  
Vol 20 (312) ◽  
Author(s):  

A technical assistance (TA) mission on external sector statistics (ESS) visited Guinea-Bissau during February 3 to 7, 2020. The mission was conducted in Bissau at the request of the National Directorate for Guinea-Bissau of the Central Bank of West African States (BCEAO-DNGB). The mission assisted in improving the quality of ESS. This was the fourth and final mission under the JSA-AFR project for improving ESS in 17 francophone countries of Central and West Africa, financed by the government of Japan and administered by the IMF.


2020 ◽  
Vol 20 (43) ◽  
Author(s):  

A technical assistance (TA) mission on external sector statistics (ESS) was conducted in Amman, Jordan, during March 31–April 10, 2019, for the Da Afghanistan Bank (DAB).1 The mission took place at the request of the DAB and with strong support of the IMF’s Middle East and Central Asia Department. This mission is part of the Middle East Regional Technical Assistance Center (METAC) work program. The mission objectives were to assist the DAB in improving the quality of the balance of payments and international investment position (IIP) statistics. The mission took stock of recent improvements in the ESS compilation practices and commended the DAB’s Monetary Policy Department (MPD) for achieving most of the 2018 TA recommendations. The list of officials met by the mission is shown in Appendix I.


2020 ◽  
Vol 20 (46) ◽  
Author(s):  

A technical assistance (TA) mission on external sector statistics (ESS) was conducted for the Central Bank of Myanmar (CBM) in Nay Pyi Taw during June 3–5, 2019, as part of the Project on the Improvement of ESS in the Asia–Pacific region. The Project is funded by the Government of Japan; managed by the IMF’s Statistics Department (STA); and implemented by the IMF Capacity Development Office in Thailand (CDOT). The work on verifying reasonable size of coverage adjustments for Myanmar’s imports was addressed during the mission, using bilateral trade data from Thailand and China. Under conservative scenario (i.e., excluding trade through land border check points which potentially involves exports from Thailand and China going through Myanmar onward to the final destination countries), the analysis suggested that Myanmar’s 2018 imports are under-reported by approximately 1.9 billion USD for Myanmar’s imports from Thailand (total discrepancies are 2.0 billion USD), and another 1.9 billion USD for Myanmar’s imports from China (total discrepancies are 4.3 billion USD).1


2021 ◽  
Vol 21 (04) ◽  
Author(s):  

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.


Author(s):  
К. Буневич ◽  
K. Bunevich ◽  
Э. Гаврилова ◽  
E. Gavrilova ◽  
О. Иванова ◽  
...  

The balance of payments and the international investment position (hereinafter referred to as the IIP) reflect the specifics and peculiarities of the country's economy. However, the data of statistical reports on the economic activities of the country represent only the final formed results for a certain period or date. They do not reflect the nature of the formation of their individual articles. For a deeper understanding of the country's economic processes, it is necessary to analyze the qualitative nature of the formation of the final articles included in the statistical reports under consideration; economic relations due to the flow of direct investment and the role of this flow in reflecting the economic processes of the country.


Subject Renminbi internationalisation. Significance The renminbi emerged from relative international obscurity to become the fifth most-used currency in international payments in just over a decade. Nevertheless, its international use as a currency of settlement or foreign exchange reserves remains small compared to the dollar and euro. Without full capital account convertibility, the benefits of its international usage have been restricted to exporters and offshore settlement centres, especially Hong Kong. Impacts Reform will raise renminbi quotas for portfolio investors, boost outward direct investment and develop China's international payment system. Incremental reforms will help rebalance China's net international investment position. In the longer term, internationalisation will benefit domestic bond and equity markets by increasing their depth and liquidity.


2020 ◽  
Vol 20 (313) ◽  
Author(s):  

The fourth and last technical assistance (TA) mission for the benefit of Guinea, under the project on improving external sector statistics (ESS) in 17 Francophone countries of West and Central Africa, funded by the Japanese government and administered by the IMF, took place in Conakry during August 26–30, 2019. The mission was hosted by the Central Bank of the Republic of Guinea (BCRG), which is the institution responsible for compiling the ESS. The main points addressed by the mission were to support (i) the process of participating in the coordinated direct investment survey (CDIS), (ii) the detailed technical work for improving the current and financial accounts, and (iii) the implementation of recommendations from previous missions.


Sign in / Sign up

Export Citation Format

Share Document