Suriname: Technical Assistance Report-External Sector Statistics
IMF Staff Country Reports, April 12, 2022
Source details
- Canonical URL
- Suriname: Technical Assistance Report-External Sector Statistics
Other formats
Bibliographic details
- Published: April 12, 2022
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798400209680.002
Mission overview
- A technical assistance (TA) mission on external sector statistics (ESS) was conducted in Paramaribo, Suriname, during March 2‒13, 2020.
- The mission was part of the Caribbean Regional Technical Assistance Centre (CARTAC) work program on ESS and was carried out in response to a request from the Central Bank of Suriname (CBvS).
- The mission reviewed estimates and coverage of the balance of payments and international investment position (IIP), prepared in the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) format.
Main objectives and scope
- Enhance the coverage and the classification of:
- currency and deposits assets held abroad by the nonfinancial sector;
- insurance services, transport, travel account and trade credit and advances;
- offshore petroleum exploration companies;
- government external debt;
- the use of business survey.
- Strengthen ESS to facilitate a more robust assessment of external sector developments.
Key findings and implications
- Current BPM6-based estimates of the balance of payments and IIP were reviewed to identify gaps in coverage and classification affecting the reliability of ESS.
- Improvements targeted at the listed areas are expected to:
- improve coverage and classification of external positions and flows;
- facilitate more robust assessment of external sector developments.
- Reliable ESS is essential for informed economic policy-making by the authorities and for IMF’s surveillance.
Subject coverage and keywords (as presented)
- Subjects: Balance of payments statistics, Economic and financial statistics, External debt, External position, External sector statistics, Imports, International investment position, International organization, International trade, Monetary policy.
- Keywords: balance of payments manual, Balance of payments statistics, Caribbean, customs data, External sector statistics, goods account, IMF's Statistics Department, Imports, International investment position, Statistics Department of the IMF.
International Monetary Fund. "Suriname: Technical Assistance Report-External Sector Statistics", IMF Staff Country Reports 2022, 118 (2022).
Content in this bundle
- 1surea2022002