Myanmar: Technical Assistance Report-External Sector Statistics Mission
IMF Staff Country Reports, February 18, 2020
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- Myanmar: Technical Assistance Report-External Sector Statistics Mission
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Bibliographic details
- Published: February 18, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513530345.002
Overview
- Mission type: Technical Assistance (TA) on external sector statistics (ESS) for the Directorate of Investment and Company Administration (DICA).
- Date on page: February 18, 2020.
- Core activity: Intensive hands-on training through peripatetic TA missions aimed at building capacity for DICA compilers and improving Foreign Direct Investment Surveys (FDIS).
Key findings
- Capacity building:
- Intensive hands-on training provided to the DICA through peripatetic TA missions effectively contributed to building up capacity for DICA compilers.
- Capacity improvements have gradually materialized and translated into successful foreign direct investment surveys (FDIS) conducted last year.
- Data coverage improvements:
- Inclusion of FDI in oil and gas sector significantly improved data coverage; oil and gas is one of the largest FDI recipients for Myanmar.
- Overall data coverage for Myanmar’s FDI statistics has been significantly improved through recent efforts.
- Survey form updates:
- The mission assisted DICA officials in updating the annual FDIS survey forms, making alterations to the previous year’s survey forms to capture additional information as requested by DICA management.
Priority recommendations and actions advised
- Expand FDIS coverage:
- Extend the coverage of FDIS to incorporate new companies.
- Extend the coverage of FDIS to incorporate FDI in power generation sector.
- Continue capacity-building support:
- Maintain peripatetic TA missions and hands-on training to further strengthen DICA compilers’ skills and sustain improvements in FDIS implementation.
- Improve survey instruments:
- Continue periodic updates to annual FDIS survey forms to capture additional information as requested by DICA management and to reflect evolving compilation needs.
Subjects, keywords, and technical identifiers
- Subject: Balance of payments, Commercial banks, Economic sectors, Financial institutions, Foreign direct investment, Oil sector
- Keywords: awareness workshop, Commercial banks, company, compiled FDI statistics data, CR, DICA FDI compiler, DICA official, FDI company, flow data, Foreign direct investment, ISCR, Launch FDIS-2018, Oil sector, sampling frame
- Publication details:
- Pages: 20
- Volume: 2020
- DOI: https://doi.org/10.5089/9781513530345.002
- Issue: 047
- Series: Country Report No. 2020/047
- Stock No: 1MMREA2020002
- ISBN: 9781513530345
- ISSN: 1934-7685
International Monetary Fund. Myanmar: Technical Assistance Report-External Sector Statistics Mission (February 18, 2020).
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- 1mmrea2020002