{
  "title": "Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission",
  "publication": "IMF Staff Country Reports, May 15, 2020",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2020/05/14/montenegro-technical-assistance-report-report-on-external-sector-statistics-mission-49428",
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  "summary": "The IMF’s Statistics Department (STA) conducted a technical assistance mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics in Montenegro during January 20–31, 2020.",
  "sections": [
    {
      "heading": "Mission overview",
      "content": "- The IMF’s Statistics Department (STA) conducted a technical assistance mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics in Montenegro during January 20–31, 2020.\n- The Economic Citizenship Program (ECP) was introduced in 2019; details of the program were not made available during the mission."
    },
    {
      "heading": "Main recommendations",
      "content": "- Compile preliminary quarterly International Investment Position data and submit them to STA for review by the end of December 2020.\n- Start recording the Economic Citizenship Program (ECP) according to the characteristics of the payments from the applicants by the end of March 2020.\n- Record payments from applicants for the ECP in one of:\n  - services,\n  - current or capital transfers,\n  - direct or portfolio investment,\n  according to the characteristics of the payments.\n- Approach the agency in charge of the ECP to collect precise information on the characteristics of the payments and cross-check the data from the international transaction reporting system (ITRS)."
    },
    {
      "heading": "Data sources and CBM plans",
      "content": "- The CBM plans to start recording data based on the information obtained from the international transaction reporting system (ITRS).\n- The mission advised cross-checking ITRS data with precise information obtained from the agency administering the ECP."
    },
    {
      "heading": "Subject coverage and keywords (as provided)",
      "content": "- Subjects: Balance of payments, Central banks, Economic and financial statistics, External position, External sector statistics, Foreign direct investment, International investment position, Loans, Portfolio investment, Reserve assets\n- Keywords: asset, CBM plan, CBM record, CBM start, CBM use LBS data, CR, External sector statistics, Foreign direct investment, International investment position, ISCR, ITRS, loan assets, Montenegro, Portfolio investment, Reserve assets\n\nSource: IMF Staff Country Report — Montenegro: Technical Assistance Report-Report on External Sector Statistics Mission (May 15, 2020).\n\n---\n\n Content in this bundle\n\n- 1mneea2020001\n  - 1mneea2020001 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - 1mneea2020001 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: May 15, 2020",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781513544304.002",
    "The IMF’s Statistics Department (STA) conducted a technical assistance mission to support the Central Bank of Montenegro (CBM) for the compilation of external sector statistics in Montenegro during January 20–31, 2020.",
    "The Economic Citizenship Program (ECP) was introduced in 2019; details of the program were not made available during the mission.",
    "Compile preliminary quarterly International Investment Position data and submit them to STA for review by the end of December 2020.",
    "Start recording the Economic Citizenship Program (ECP) according to the characteristics of the payments from the applicants by the end of March 2020.",
    "Record payments from applicants for the ECP in one of:",
    "Approach the agency in charge of the ECP to collect precise information on the characteristics of the payments and cross-check the data from the international transaction reporting system (ITRS).",
    "The CBM plans to start recording data based on the information obtained from the international transaction reporting system (ITRS).",
    "The mission advised cross-checking ITRS data with precise information obtained from the agency administering the ECP.",
    "Subjects: Balance of payments, Central banks, Economic and financial statistics, External position, External sector statistics, Foreign direct investment, International investment position, Loans, Portfolio investment, Reserve assets",
    "Keywords: asset, CBM plan, CBM record, CBM start, CBM use LBS data, CR, External sector statistics, Foreign direct investment, International investment position, ISCR, ITRS, loan assets, Montenegro, Portfolio investment, Reserve assets",
    "**1mneea2020001**"
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