## Myanmar: Technical Assistance Report-External Sector Statistics Mission

_IMF Staff Country Reports, February 18, 2020_

## Source details

**Canonical URL:** [Myanmar: Technical Assistance Report-External Sector Statistics Mission](https://www.imf.org/en/publications/cr/issues/2020/02/14/myanmar-technical-assistance-report-external-sector-statistics-mission-49057)

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## Bibliographic details
- Published: February 18, 2020
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513530345.002

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### Overview
- Mission type: Technical Assistance (TA) on external sector statistics (ESS) for the Directorate of Investment and Company Administration (DICA).
- Date on page: February 18, 2020.
- Core activity: Intensive hands-on training through peripatetic TA missions aimed at building capacity for DICA compilers and improving Foreign Direct Investment Surveys (FDIS).

### Key findings
- Capacity building:
  - Intensive hands-on training provided to the DICA through peripatetic TA missions effectively contributed to building up capacity for DICA compilers.
  - Capacity improvements have gradually materialized and translated into successful foreign direct investment surveys (FDIS) conducted last year.
- Data coverage improvements:
  - Inclusion of FDI in oil and gas sector significantly improved data coverage; oil and gas is one of the largest FDI recipients for Myanmar.
  - Overall data coverage for Myanmar’s FDI statistics has been significantly improved through recent efforts.
- Survey form updates:
  - The mission assisted DICA officials in updating the annual FDIS survey forms, making alterations to the previous year’s survey forms to capture additional information as requested by DICA management.

### Priority recommendations and actions advised
- Expand FDIS coverage:
  - Extend the coverage of FDIS to incorporate new companies.
  - Extend the coverage of FDIS to incorporate FDI in power generation sector.
- Continue capacity-building support:
  - Maintain peripatetic TA missions and hands-on training to further strengthen DICA compilers’ skills and sustain improvements in FDIS implementation.
- Improve survey instruments:
  - Continue periodic updates to annual FDIS survey forms to capture additional information as requested by DICA management and to reflect evolving compilation needs.

### Subjects, keywords, and technical identifiers
- Subject: Balance of payments, Commercial banks, Economic sectors, Financial institutions, Foreign direct investment, Oil sector
- Keywords: awareness workshop, Commercial banks, company, compiled FDI statistics data, CR, DICA FDI compiler, DICA official, FDI company, flow data, Foreign direct investment, ISCR, Launch FDIS-2018, Oil sector, sampling frame
- Publication details:
  - Pages: 20
  - Volume: 2020
  - DOI: https://doi.org/10.5089/9781513530345.002
  - Issue: 047
  - Series: Country Report No. 2020/047
  - Stock No: 1MMREA2020002
  - ISBN: 9781513530345
  - ISSN: 1934-7685

*International Monetary Fund. Myanmar: Technical Assistance Report-External Sector Statistics Mission (February 18, 2020).*

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_Source: https://www.imf.org/en/publications/cr/issues/2020/02/14/myanmar-technical-assistance-report-external-sector-statistics-mission-49057_