The main orientations, plans and problems when implementing the National Statistical Committee Republic of Kyrgyzstan The main orientations, plans and problems when implementing the 2008 SNA in Kyrgyzstan Zh. Azhieva – Main Specialist of the National Accounts Department

Contents Main differences between the 2008 SNA and the 1993 SNA Steps for implementing the 2008 SNA SNA Implementation - challenges and barriers 2

Comparison with the 1993 System of National Accounts А. Statistical units activities and the new changes when classifying the institutional sector B. More clarity on activities, including the limits of the production area D. More clarity on assets and fixed capital accumulation and consumption E. Improvements of financial tools and assets interpretation and definition F. Refinement of activities related to the governmental and the public sector G. Harmonizing concepts and classifications of the SNA and of the Balance of Payments Management (6th Edition) 3

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Steps of the implementation of the 2008 SNA The questions on the definitions and concepts when studying the 2008 SNA and achieving settling the 1993 SNA indicators are reflected in the “Streamlining and developing program of Kyrgyz Republic on state statistics for 2010- 2014.", which was approved by Government’s Decision Nr. 199, on 30 March 2010. 5

The Programme reflects the following points: Implementing in practice the definitions and the concepts of the 2008 SNA by the producers of the National Statistics (2010-2014) Developing the methodology on determining the holding gains and reserves change (2010) Improving the methodology for assessing the non-observed economy (2010-2014) Quarterly produced national accounts (Technical assistance under the TACIS program, Statistics 11) (2010-2011)) 6

- Improvement of the tables, "Input-Output" (Technical Assistance Statistics Finland) (2010) - Improvement of the methodology and methods of evaluation of assets and consumption of fixed capital (Technical Assistance Statistics Finland) (2010-2011) - Development of methodology and experimental calculation of the financial account (Technical Assistance Statistics Finland) (2010-2012) - Development of methodology for the calculation and experimental accounts of other changes in assets (2013) - Development of methodology and experimental calculation of the balance sheets (2014) Programs, to be implemented in 2010 to 2011 incorporated in 2012 – in progress. 7

NSC specialists took part in seminars on the implementation of SNA 2008, under the auspices of the UNECE, UNSD, CIS Statistical Committee in 2011 and 2012. Based on available resources, and the intentions of technical assistance from international organizations, NSC has prepared a preliminary draft plan for implementing the 2008 SNA, reflecting milestones and checkpoints. It is scheduled up to 2020. In addition, individual items of the draft Plan are included in the Statistical Master Plan, prepared on the basis of the Global Assessment of the statistical system, and suggesting technical assistance from the World Bank. 8

Stages of implementation of 2008 SNA STEP 1 - Overview of national strategic documents to include plans to implement the 2008 SNA 1 Identification of the major unsolved problems of the 1993 SNA. 2012 2 Introduction to major changes in the SNA 2008 as compared to the 1993 SNA and to assess their importance for the country. 2012-2013 3 Identification of the key institutions involved in the collection and production data for the SNA and the conclusion of agreements on cooperation in implementing the 2008 SNA 4 Prioritization of the 2008 SNA, based on the needs of users and resources constantly 5 Enabling works on implementation of 2008 SNA in the strategic plan for the development of statistics 6 The adoption of a detailed plan to implement the 2008 SNA for short-, medium-, and / or long-term . 9

Stages of implementation of 2008 SNA STEP 2 - Actions necessary to implement the 2008 SNA 7 The adoption of new classifications and other improvements in the business register and business statistics 2012-2014 8 Changes in the surveys and questionnaires in business statistics for data collection 2012-2020 (constantly) 9 Adaptation of administrative data sources to the new requirements 2012-2015 10 IT and other changes 2013-2020 (constantly) 10

Stages of implementation of 2008 SNA STEP 3 - Development of national accounts and the transition to 2008 SNA Checkpoint 1. Key figures of GDP Unresolved issues from the 1993 SNA 11 Financial account 2012-2014 12 Scores of other changes in assets 2013-2015 13 Balance sheet accounts 2014-2016 14 Evaluation of financial assets and other non-produced assets 2015-2016 15 Evaluation and adjustment for change in the value of household assets in pension funds 16 Assessing the size of the shadow and informal activities 17 Assessment of the volume of illegal activities 18 Improved methods for evaluating fixed capital formation and consumption of fixed capital using the perpetual inventory method 19 Productivity in the broad sense 11

Stages of implementation of 2008 SNA New issues from the 2008 SNA 20 Calculations of financial intermediation services indirectly measured (distribution by institutional sectors of the economy, the production and consumption) 2013-2015 21 Release of central bank 22 The cost of weapons systems 23 Research and development 24 Revise the methodological position of tourism statistics in Kyrgyzstan based on MRST 2008 2015-1017 12

Stages of implementation of 2008 SNA Checkpoint 2. GNI and other primary indicators 25 For the rest of the world - the external account of primary income and current transfers, capital account and financial account (BPM 6) 2012-2015 Checkpoint 3. The accounts by institutional sector 26 For all institutional sectors - Production account 2014-2020 27 For state sector - Generation of income account, allocation of primary income, secondary distribution of income Use of disposable income, Capital and Financial Account 28 For all institutional sectors - Generation of income account, allocation of primary income, secondary distribution of income Use of disposable income and capital 29 For all institutional sectors - Financial account 30 For all institutional sectors - Other changes in assets, balance sheet 13

Implementation of the SNA - Challenges and barriers - Not enough staff and training - Lack of funding - Lack of modern management principles - Weak base of ICT - Basic economic and macro statistics data do not match quality and strategy - Improve data collection and processing of short-term indicators 14

Thank you for your attention!