Solomon Islands: Technical Assistance Report on Government Finance Statistics Mission (April 18-29, 2022)
IMF Staff Country Reports, October 20, 2022
Source details
- Canonical URL
- Solomon Islands: Technical Assistance Report on Government Finance Statistics Mission (April 18-29, 2022)
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Bibliographic details
- Published: October 20, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400223044.002
Mission objective and scope
- Conducted at the request of the Central Bank of Solomon Islands by the IMF’s Statistics Department (STA).
- Purpose: assist SI authorities in strengthening the compilation and dissemination of government finance statistics (GFS) and public sector debt statistics (PSDS) for decision making and for providing data to the Fund for surveillance.
- Technical focus: inconsistencies in stocks and flows in GFS and PSDS and on recording of grants.
Key findings
- Inconsistencies among various statistics stemmed from the different source data.
- Recording of grants emerged as a specific technical issue affecting consistency between GFS and PSDS.
Recommendations and proposed actions
- Reconciliation of the different source data was recommended to address inconsistencies between statistics.
- Establish a Government Finance taskforce to:
- Improve coordination for compilation among compilers from various agencies.
- Share responsibility and accountability of involved agencies in the compilation process.
Subject and keywords
- Subject: Business enterprises, Economic and financial statistics, Economic sectors, Government finance statistics, International organization, Monetary policy, Public debt
- Keywords: authorities of Solomon Islands, Business enterprises, Government finance statistics, IMF's Statistics Department, instrumentalities of the TA recipient, Solomon Islands government, Statistics office, World Bank staff
Source: IMF Staff Country Reports — Solomon Islands: Technical Assistance Report on Government Finance Statistics Mission (April 18-29, 2022).
Content in this bundle
- 1. Priority Recommendations