Kingdom of the Netherlands - Aruba: Technical Assistance Report; National Accounts Review Mission

IMF Staff Country Reports, March 10, 2020

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Kingdom of the Netherlands - Aruba: Technical Assistance Report; National Accounts Review Mission

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Bibliographic details

• Published: March 10, 2020
• Series: IMF Staff Country Reports

Overview

• Mission focus: assist the Central Bureau of Statistics (CBS) in assessing and improving the national accounts.
• Planned CBS outputs and timetable:
  • Recompile and disseminate the revised annual current price estimates by January 2020.
  • Disseminate improved constant 2013 price estimates by June 2020.
• Engagements: the mission and the Director of the CBS met with the Minister of Finance, Economic Affairs and Culture to discuss the rebased estimates and the 2020–2025 action plan.

Agreements reached with the Minister

• The Minister agreed to:
  • Establish formal data coordination agreements between the CBS and other government institutions.
  • Strengthen the legislation and related reporting procedures.
  • Adopt the 2020–2025 action plan to implement the Special Data Dissemination Standard for real-sector statistics.
  • Recognize the need for benchmark and regular surveys.
  • Incrementally increase the CBS budget and staffing, subject to Cabinet approval.

Mission discussions and institutional matters

• Topics discussed:
  • The rebased estimates.
  • The 2020–2025 action plan.
  • The budget, staffing, and data coordination plans of the CBS.

Subject areas covered

• Economic and financial statistics
• Financial statements
• Financial statistics
• National accounts
• Price indexes
• Prices
• Public financial management (PFM)
• Real sector statistics

Keywords and terminology referenced

• Caribbean
• CBS GDP
• CBS plan
• CBS staff
• CR
• estimates of the CBS
• Financial statements
• Financial statistics
• GDP series
• GDP-E estimate
• GDP-p estimate
• GDP-P estimate
• ISCR
• nominal GDP-E
• price GDP series
• price GDP-p
• Price indexes
• Real sector statistics
• SUT estimate

Source: Kingdom of the Netherlands - Aruba: Technical Assistance Report; National Accounts Review Mission (March 10, 2020).

Content in this bundle

• 1abwea2020001
  • 1abwea2020001 (PDF)