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

October 11, 2024

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, Economic and financial statistics, External position, External sector statistics, Foreign direct investment, International investment position, Portfolio investment

Keywords: Balance of payments, Balance of payments statistics, CBM plan, CBM record detail, CBM transfer, data template, Economic Citizenship Program, External sector statistics, Foreign direct investment, IMF executive directors, International investment position, Montenegro., net errors and omissions, Portfolio investment, reserve assets, Template for International Reserves and Foreign Currency Liquidity

Pages:
15
Volume:
2024
DOI:
https://doi.org/10.5089/9798400289309.019
Issue:
086
Series:
Technical Assistance Report No. 2024/086
Stock No:
TAREA2024086
ISBN:
9798400289309
ISSN:
3005-4575

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Technical Assistance Reports