Cancelled : Virtual : Balance Sheet Approach (BSA)

Source details

Officials at central banks, ministries of finance and other agencies in charge of compiling:
- monetary and financial statistics,
- government finance/debt statistics,
- external sector statistics;
Officials overseeing macro-financial analysis.

The course was conducted by the IMF Statistics Department.
Presents a user-friendly tool developed by the IMF Statistics Department to automatically combine:
- monetary data,
- government data,
- balance of payment data

reported to the IMF Statistics Department to create a distribution of claims and liabilities on a from-whom-to-whom basis.

The from-whom-to-whom matrix is intended as a tool for macro-financial analysis to:
- focus on overall balance sheet linkages,
- identify specific exposures and vulnerabilities such as:
- excessive reliance on external funding,
- leverage buildup in the corporate sector,
- overreliance on the banking sector for sovereign debt placement.
The course is an abbreviated version of the longer BSA course traditionally offered by the IMF Statistics Department in-person.

Upon completion of the course, participants should be able to:

Use the BSA matrix information for the identification of balance sheet imbalances, exposures, and risks to shocks such as sudden capital outflows or sharp exchange rate depreciation.
Summarize the source data used for preparing the BSA matrix and identify critical data gaps for their respective countries.
Prepare work plans for addressing these data gaps over the medium-term, in order to provide national policy makers with an analytically useful BSA matrix.