|On June 7, 2004, the moderator of the EDG posted a paper prepared by the Loan Valuation Working Group in the IMF Statistics Department. That document discusses four options on how to solve the absence of information on nonperforming loans in the 1993 SNA. The present paper argues in favor of Option 3. The concluding section explains why Option 2, which seems to gather the preference of some participants in the discussion, is not sufficient.
The author of this contribution to the discussion group on this site bears the sole responsibility for both the substance and the style of the contents. The purpose of the discussion group is to elicit comments and to promote debate on specific topics. As such, the views expressed on any of the issues raised are not to be attributed to the IMF.