Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission
IMF Staff Country Reports, December 3, 2018
Source details
- Canonical URL
- Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission
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Bibliographic details
- Published: December 3, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484388204.002
Mission overview
- Mission sponsor: International Monetary Fund (IMF) Statistics Department (STA).
- Mission dates: December 4–15, 2017.
- Mission requestor: Central Bank of Montenegro (CBM).
- Supporting IMF department: European Department.
- Prior related mission: STA mission for the Enhanced General Data Dissemination System (e-GDDS) during June 28-July 4, 2017 suggested TA to start compiling IIP and EDS.
Objectives and priorities
- Primary objective: support compilation of external sector statistics (ESS) in Montenegro.
- Specific compilation targets:
- International investment position (IIP).
- External debt statistics (EDS).
- Reserves Data Template (RDT).
- Address persistent net errors and omissions in balance of payments statistics.
- Policy/eligibility linkage: Compilation of IIP and EDS is required to be qualified for Threshold 2 of the e-GDDS.
Key technical issues identified
- Currency regime: Montenegro does not participate in the Eurosystem, but it is fully eurorized.
- Data treatment challenge: Euro circulating in Montenegro should be included in the assets of the IIP for Montenegro.
- Practical problem: Difficulty in estimating the amount of euro circulating in Montenegro had been preventing the CBM from compiling IIP for several years.
Subject areas and keywords covered
- Subjects: Balance of payments, Currencies, Economic and financial statistics, External position, External sector statistics, Foreign direct investment, International investment position, Money, Portfolio investment.
- Keywords (as provided): balance of payments, balance of payments division, bank transfer, CBM plan, CBM view, CR, Currencies, equity security liability, External sector statistics, FDI survey, Foreign direct investment, International investment position, ISCR, Montenegro, Portfolio investment, portfolio investment position, position data.
Publication metadata and key statistics
- Pages: 22
- Volume: 2018
- Issue: 353
- Series: Country Report No. 2018/353
- DOI: https://doi.org/10.5089/9781484388204.002
- Stock No: 1MNEEA2018003
- ISBN: 9781484388204
- ISSN: 1934-7685
- Publication date on landing page: December 3, 2018
International Monetary Fund. Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission (Country Report No. 2018/353).
Content in this bundle
- Country Report