Compiling Natural Resources in National Accounts (ANR)
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- Compiling Natural Resources in National Accounts (ANR)
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- Published: October 23, 2020
Overview and Purpose
- The management of natural resources is an important function of government; statistics are needed to support analysis of the macroeconomic impacts of natural resources and the formulation of an appropriate macroeconomic policy mix.
- Fluctuations in government revenues, exports, employment, and national income caused by changes in the output and prices of natural resources have major macroeconomic and fiscal implications.
- Sound policymaking when such risks are present requires reliable, timely, and complete coverage of relevant activity in the national accounts and analytical measures to assess the macroeconomic effects.
- This regional workshop, presented by the IMF Statistics Department, aims to ensure national accounts data are compiled with comprehensive and technically sound data for natural resources.
Target Audience and Qualifications
- Target audience:
- Country officials from the National Statistics Office responsible for compiling national accounts in MNRW eligible countries in the region.
- Qualifications:
- Some experience and knowledge of country compilation practices for national accounts.
- While not essential, some knowledge of the 2008 SNA would be helpful.
Course Objectives and Outputs
- Upon completion of the course, participants should be able to:
- apply the System of National Accounts, 2008 (2008 SNA) to compile comprehensive and technically sound national accounts for natural resources;
- complete the National Accounts Template Tables for natural resources to support the EITI's summary data template.
- Expected analytical improvements:
- More complete coverage of natural resource activities in national accounts.
- Enhanced capacity to assess macroeconomic and fiscal implications of natural resource price and output fluctuations.
References