Republic of Moldova: Technical Assistance Report-Report on Sectoral Accounts Mission
IMF Staff Country Reports, May 22, 2020
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- Republic of Moldova: Technical Assistance Report-Report on Sectoral Accounts Mission
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Bibliographic details
- Published: May 22, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513544939.002
Overview
- This Technical Assistance report constitutes technical advice provided by the staff of the IMF to the authorities in response to their request for TA.
- The mission recommended that the National Bank of Moldova (NBM) play the lead role in the production of financial balance sheet statistics (FABS).
- Coordination of the activities of the agencies involved in the project is key to its success.
Key findings
- The NBM is the recommended lead agency for producing financial balance sheet statistics (FABS).
- Effective interagency coordination is essential to deliver FABS.
- Conceptual and practical issues are likely to arise that require escalation beyond the technical group.
Policy recommendations and governance
- Create a higher level group, chaired by the NBM, to act as a monitoring committee with the following roles:
- Ensure that the work of the interagency group is proceeding satisfactorily and on time.
- Resolve any conceptual or practical issues that the technical group cannot agree on.
- Meeting frequency for the monitoring committee:
- Meet at least twice a year.
- May need to meet more often in the earlier part of the project.
Implementation plan and timelines
- The NBM agreed with the plan to compile and publish FABS annual and quarterly by March 2022.
- By March 2020, the NBM will generate sector annual financial balance sheet data for the 2015–2018 period using existing data.
Capacity building and outreach
- Organize a seminar for compilers with objectives to:
- Explain the goal of FABS.
- Present the challenge and the methodology.
Subjects and keywords (as provided)
- Subjects: Business enterprises, Data collection, Economic and financial statistics, Economic sectors, External sector statistics, Financial statements, Government finance statistics, Public financial management (PFM)
- Keywords: Business enterprises, CR, Data collection, External sector statistics, FABS, Financial statements, Global, Government finance statistics, ISCR, NBM estimate loan, NBM estimate short-term debt, NBM plan, NBM produce, NBM start, NBM use data, short-term debt
International Monetary Fund. Republic of Moldova: Technical Assistance Report-Report on Sectoral Accounts Mission (May 22, 2020).
Content in this bundle
- 1. Priority Recommendations