Presenters : Kevin Armbrister Antonice Bethel

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Presentation transcript:

Presenters : Kevin Armbrister Antonice Bethel ROLE OF THE NSO/CENTRAL BANKS IN THE PRODUCTION OF STATISTICS ON INTERNATIONAL TRADE IN SERVICES AND ON THE STATUS OF WORK COMPLETED Presenters : Kevin Armbrister Antonice Bethel

Current Role Central Bank of Bahamas Department of Statistics Balance of payments > current account > Primary Income account > secondary income account > Capital and financial accounts National Accounts Trade Statistics Trade in services

Coverage/data gaps ITRS Other Reports Net foreign assets report

Department of Statistics Has business Registry Obtains services data from CBOB No separate survey to obtain inform on: EBOPS FATS Trade in services by Partner country Modes of supply of services

Current Situation

Challenges Central bank currently do not collect information about branches and fellows on current bop forms. Staffing issues will prevent this project from advancing as desired. The relaxation of exchange controls makes it difficult to obtain specific ITRS records Difficulty retrieving stock data (FOR FDI’S)

Technical Assistance Seek technical assistance for the development the TIS