Belarus: Technical Assistance Report-Financial Accounts and Balance Sheet Statistics Mission

International Monetary Fund

No 2022/330, IMF Staff Country Reports from International Monetary Fund

Abstract: The remote technical assistance (TA) mission provided guidance to the National Statistical Committee of the Republic of Belarus (BelStat) on the preliminary estimates of the Financial Accounts and Balance Sheets (FABS) for 2017. The TA mission assisted with compiling the revaluation and the other changes in volume accounts to give better consistency to the financial flows and stocks and improve the reconciliation process of the FABS. BelStat is in charge of compiling the current accounts for all the institutional sectors and is starting to compile the financial accounts for which important progress has been made. To regularly compile FABS, the mission recommended that BelStat addresses the discrepancies between the net lending/borrowing from the capital and the financial account by incorporating more data sources such as government’s financial stocks and business accounting data. The TA mission also provided guidance on compiling the Financial Intermediation Services Indirectly Measured (FISIM) to get a more consistent estimate. The mission highlighted the progress made and encouraged BelStat to continue working on compiling FABS for 2017 and onwards.

Keywords: financial accounts; balance sheets; stocks; flows; balance sheet Statistics; IMF's Statistics Department; balance sheet statistics; business accounting data; BelStat staff; accounting data; Financial statements; Fiscal accounting and reporting; Capital account (search for similar items in EconPapers)
Pages: 19
Date: 2022-10-25
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