Presentation Outlines Historical perspectives Legal provision Institutional and organizational settings of NA mechanism IT capacity NA Compilation practices Ongoing programs Future plans

Historical Perspective First attempt in 1961/62 by then Ministry of Economic Planning Gap of two years Responsibility shifted to CBS Continuation after 1964/65

Legal provision Statistical act 1958 Status of present Central Bureau of Statistics Role and responsibility of CBS Legal provision regarding system of designated statistics

Institutional and organizational settings for NA mechanism Institutional responsibility for NA compilation Organizational set up

IT capacity Personal computers available in NA – for all staff (9) Internet facilities Data dissemination by email, CD, website (www.cbs.gov.np),

NA compilation practices GDP predominantly based on Value added approach Separate estimates of expenditure components except change in stock Change in stock: residually estimated No explicit statistical discrepancy Attempt to produce GDP by income approach

Compilation Briefs Follows SNA 1993 Link to compilation practices Valuation practices Output: Basic price Intermediate consumption: Purchasers prices Price PPI/Manufacturing, CPI, WPI and others Volume measures Benchmark surveys 2004/05

Rebasing and linking practices Analytical and Mechanical rereferencing base year 1964/65 – Analytical and First NA series 1974/75 – Analytical 1984/85 – Analytical 1994/95 – Mechanical linking 2000/01 - Analytical

Status of 93SNA Implementation System design: what System realization: How Adoption of boundaries principles Adoption of valuation principle Adoption of SNA recommended classification scheme

Ongoing programmes Quarterly National Accounts (QNA) Preparation of SUT Preparation of accounts (possibly up to capital accounts) Business Inquiry (BI) Panel surveys Preparation of Nepal System of National Accounts( NSNA)

Work in progress Preparation of accounts (possibly up to capital accounts) Estimating CE, GFCF by industrial classification 3 Preparation of Nepal System of National Accounts( NSNA)

Big Push UN support – Strengthening NA of Nepal 1987 ADB Support – Strengthening NA System of Nepal 2005 Conduction of 35 economic surveys Migration to 1993 SNA Data assessment for QNA

Future plans Public sector account Preparation of FISIM compliance with SNA

Challenges faced Lack of micro data Human resource

Urgency and Support Institutionalization of Economic Surveys and Census Sustainability of Household Surveys (i.e. LSMS, LFS,etc.) Trainings

Data assessment for QNA compilation

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