Monetary and Financial Statistics - Advanced

Source details

Target Audience:
- Central bank officials and officials from regulatory agencies responsible for compiling monetary statistics.
Qualifications:
- Participants are expected to have a degree in economics or statistics, or equivalent experience.
- Previous completion of the Monetary and Financial Statistics - Introductory (MFS-I) course in person or virtual is recommended.

Presented by the Statistics Department.
Based on the Monetary and Financial Statistics Manual and Compilation Guide (MFSMCG).
Core coverage:
- Fundamentals of compiling monetary statistics with special attention to other financial corporations (OFCs).
- Characteristics of various OFCs (insurance corporations, pension funds, non-MMF investment funds, etc.), their typical balance sheet structure, and their role in the financial sector.
- Overview of financial statistics and national accounts:
- Financial flows and stocks of all sectors of the domestic economy and their interactions with the rest of the world.
- Balance sheet approach to vulnerability analysis.
- Relationships between monetary, balance of payments, government finance, and national accounts statistics.
Teaching methods:
- Lectures and case studies to familiarize participants with practical aspects of compiling monetary statistics for OFCs and the basic principles underlying the compilation of national accounts.
Participant deliverable:
- At the end of the course, participants are expected to make a short presentation on monetary statistics compilation issues in their own countries.

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

Describe the role of OFCs in the financial sector and the related implications of data collection for monetary statistics purposes.
Distinguish between different types of OFCs.
Compile OFC monetary statistics according to IMF standardized report form 4 SR for OFCs.
Apply the main principles of financial statistics and national accounts.