1. IMF Statistics Department Project on Capacity Building for Sustainable Compilation of Real Sector Statistics in Eastern Europe funded by the Government of Japan
Presentation

2. IMF Technical Assistance in Real Sector Statistics
TA designed as medium term projects
Overall planning, strategy, management from HQ
Nine Regional Technical Assistance Centers (RTACs)
5 in Africa
Middle East, Central America, Caribbean, Pacific region
TA undertaken mostly by short-term missions
But also by long-term real sector advisors

3. IMF Technical Assistance in Real Sector Statistics
Training in national accounts and price statistics
though IMF HQ
through RTACs
Training on
2008 SNA
Sectoral accounts and balance sheets
Quarterly national accounts
Linkages of macroeconomic accounts
CPI, PPI, imports and exports price indices
Practical workshops on compilation issues

4. IMF Technical Assistance in Real Sector Statistics
Funded by own resources but also by donors
3 year project on national accounts and prices for Asian countries funded by the Government of Japan
5 year project on national accounts and prices for Anglophone Africa funded by the UK DFID
3 year project on real sector statistics for Bangladesh and Laos funded by the Government of Japan
3 year project for Capacity Building for Sustainable Compilation of Real Sector Statistics in Eastern Europe funded by the Government of Japan

5. Capacity Building for Sustainable Compilation of Real Sector Statistics in Eastern Europe
Participating countries - Albania, Belarus, Bosnia and Herzegovina, Kosovo, FYR of Macedonia, Moldova, Montenegro, Serbia, and Ukraine
To develop capacity in the countries for sustainable national accounts statistics compilation, including the implementation of the 2008 System of National Accounts
compiling other real sector statistics, such as CPI, PPI, imports and exports price indices, merchandise trade statistics, and other real sector statistics needed for economic analysis and policy making

6. Project Outcomes
Improved accuracy and consistency of annual GDP estimates by production and expenditure approaches;
Improved volume measures of GDP;
Sound quarterly national accounts compilation systems;
Improved quality of CPI, PPI, and industrial production index;
Compiling and disseminating imports and exports price indices;
Improved accuracy and coverage of merchandise trade statistics

7. Mid-Term Project Achievements
Implementation of 2008 SNA/ESA 2010
FISIM, R&D, weapons, insurance, etc
Chain-linked volume measures
SUTs
Annual national accounts
Improved consistency - commodity flow
Improved volume measures
Dissemination of data and metadata

8. Mid Term Project Achievements
Quarterly national accounts
Establishing QGDP compilation systems
Improved accuracy
CPI
more accurate CPI weighting structure
owner occupied housing
improved treatment of missing prices and quality adjustment methods

9. Mid Term Project Achievements
PPI
Improved treatment of missing prices and quality adjustment methods
PPI for services
Imports/exports price indices
Developing indices
Merchandize trade statistics
Improved accuracy

10. On-the -Job Training Workshops
Common Compilation Issues
Sharing Experience
Prepared in advance
Issues sent in advance
Workshops – 2008 SNA, QNA, Volume measures, CPI/PPI

11. Project Inputs For the past 2 years Next fiscal year
3 resident advisors
Around 50 two week-missions
6 workshops so far – 2008 SNA, QNA, Volume measures, CPI/PPI
Next fiscal year
3 workshops, 30 short-term missions

12. Future work Implementation of 2008 SNA SUTs QNA CPI/PPI
Merchandize trade