Technical Assistance Reports

Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission (July 29-August 9, 2024)

October 11, 2024

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International Monetary Fund. Statistics Dept. "Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission (July 29-August 9, 2024)", Technical Assistance Reports 2024, 086 (2024), accessed November 8, 2024, https://doi.org/10.5089/9798400289309.019

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Summary

A technical assistance mission on external sector statistics was conducted for the Central Bank of Montenegro (CBM) during July 29 to August 9, 2024. The mission established measures to address the major sources for the large net errors and omissions (NEO) and reduced the average NEO during 2021 to 2023 from 9 percent to 1.1 percent of Gross Domestic Product. The mission also assisted the CBM and the Ministry of Finance in preparing the Template for International Reserves and Foreign Currency Liquidity—a statistical dataset that covers reserves-related data comprehensively.

Subject: Balance of payments, Balance of payments statistics, Data collection, Economic and financial statistics, External debt, External position, External sector statistics, Financial derivatives and employee stock options (financial account), Foreign direct investment, International investment position, International organization, Portfolio investment

Keywords: Balance of payments, Balance of payments statistics, Data collection, Economic Citizenship Program, External sector statistics, Financial derivatives and employee stock options (financial account), Foreign direct investment, International investment position, Montenegro., Net errors and omissions, Portfolio investment, Reserve assets, Template for International Reserves and Foreign Currency Liquidity, Tourism, Trade credits

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