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Meeting of the African Group on National Accounts
Addis Ababa, April 20-22, 2016
IMF Support to African Countries on
National Accounts
OUTLINE

IMF/STA’s TA strategy: Regional approach—
RTACs

FY2016 Progress and Achievements

FY2017 Work program on NA

Challenges/Constraints
INST\06.12/I-10:2
STRATEGY: REGIONAL APPROACH—RTACS
Regional approach : RTACs
 5 AFRITACs + METAC–Covering 48 African countries:


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AFRITAC East
AFRITAC West
AFRITAC Central
AFRITAC South
AFRITAC West 2
 METAC
(07)
(10)
(08)
(13)
(06)
(10 including 4 African countries—
Egypt, Libya, Sudan and Djibouti)
 STA HQ: Algeria, Morocco, Tunisia, Somalia, South Sudan,
Sao Tome & Principe
 Algeria, Morocco, and Tunisia will join METAC
INST\06.12/I-10:3
OBJECTIVES OF STA AND RTACS IN THE
AREA OF NATIONAL ACCOUNTS
 To improve the statistical capacity for producing
macroeconomic statistics in the framework of the GDDS
 Compile and disseminate ANA and QNA following
international standards
INST\06.12/I-10:4
ACTIVITIES CONDUCTED IN FY2016—0

About 100 TA missions conducted during the FY2016

About 10 workshops on NA organized in FY2016 on ANA and
QNA

Also TA missions and workshops from HQ : QNA, ANA,
High frequency indicators, Price statistics, assessment
missions
INST\06.12/I-10:5
ACTIVITIES CONDUCTED IN FY2016—1
FY20xx
 Implementation of
1993 SNA
 Improvement of NA
FY 20xx
FY2015
 Improvement of NA  Improvement of
 Catch up delays in
ANA
ANA compilation
 Development of
QNA
 Rebasing of ANA
and
implementation of
2008 SNA
FY2016
 Development of
high frequency
indicators
 Implementation of
2008 SNA
 Development/
Improvement of
QNA
 Improvement of
ANA
INST\06.12/I-10:6
ACTIVITIES CONDUCTED IN FY2016—2

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Improvement of ANA compilation and dissemination
Rebasing of annual national accounts
Implementation of the 2008 SNA
Back casting of national accounts series
Harmonization of national accounts methods and compilation
technics
Capacity building through regional and HQ workshops, onthe-job trainings, peer-to-peer learning
INST\06.12/I-10:7
ACTIVITIES CONDUCTED IN FY2016—3
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QNA improvement/development
Development/improvement of administrative source data for
QNA compilation
High frequency indicators improvement/development
Development of tools for QNA compilation
Updating of the QNA manual
Development of natural resources NA in pilot countries
Development of metadata on sources and methods for NA
compilation
Updated and published description of sources and methods
INST\06.12/I-10:8
ACTIVITIES CONDUCTED IN FY2016—4
Main achievements in FY2016
Quarterly national accounts (QNA) compilation
Development/Improvement/dissemina Seasonal
tion of QNA
adjusted QNA
AFW
Cote d’Ivoire
AW2
Cabo Verde: QNA released in April 2015
AFE
Ethiopia, Kenya, Tanzania, Uganda,
Rwanda, Malawi, Seychelles
Improvement/development of
high frequency indicators (IPI,
IPPI, Index of turnover, etc.)
Senegal
Cabo Verde: Working with
Statistics Portugal on developing a
PPI
AFS
AFC
Burundi: ongoing
Cameroon: HFI implementation in
progress,
Gabon: A work plan for HFI
enhancement is in place INST\06.12/I-10:9
ACTIVITIES CONDUCTED IN FY2016—5
Main achievements in FY 2016—ANA compilation
Improvement
of ANA
compilation
AFW
Benin—
Financial
accounts
AW2
Ghana: ANA
expenditure
estimates
updated
Liberia :
Preliminary
estimates of
ANA
estimates
Speed ANA compilation—
Eliminate delays in ANA
compilation
Guinea, Mauritania,
Togo—Reduction of
delays from 4 to 2 years
Development of
Rebasing/implement
preliminary
ation of 2008 SNA
ANA system
Harmonization of ANA
Guinea Bissau—
Processing of
primary data
Harmonization of
Balance of
payments statistics
and national
accounts statistics
(Joint AFW and
BCEAO workshop,
Dakar)
Nigeria: SUT and
advice provided on
backcasting
The Gambia
Cabo Verde
Workshop on
National Accounts
Statistics
harmonization
INST\06.12/I-10:10
ACTIVITIES CONDUCTED IN FY2016—6
Annual national accounts (ANA) compilation
Speed ANA
Improvement
Development
compilation—Eliminate
Rebasing/implementati Harmonization
of ANA
of preliminary
delays in ANA
on of 2008 SNA
of ANA
compilation
ANA system
compilation
AFE
Rwanda
AFS
Lesotho and
Swaziland: ANA
Rebase almost
complete
Madagascar
AFC
Equatorial Guinea;
Republic of Congo;
Chad; Burundi;
Cameroon—Delays in
ANA compilation
significantly reduced.
INST\06.12/I-10:11
ACTION PLAN – WORK PROGRAM FOR FY2017
Work plan FY 2017—Improvement of QNA
AFW
Development of
QNA by activity at
current and/or
constant prices
Benin and Mali
Nigeria,
Cabo Verde
Ethiopia
AW2
AFE
AFS
AFC
Development of
QNA by
expenditure
Improvement of QNA by
activity/expenditure
Malawi
Angola, Botswana,
Lesotho, Madagascar,
Namibia, Seychelles,
and Zambia
Gabon
INST\06.12/I-10:12
ACTION PLAN – WORK PROGRAM FOR FY2017
FY 2017 Work plan—Improvement of ANA
Speeding ANA
Improvement compilation
of ANA
and Reduction
compilation
of delays in
ANA
AFW
AW2
Benin:
Development
of financial
accounts
Guinea,
Mauritania
and Togo:
Catch up
delays in
releasing ANA
(from 2 to 0
years)
Development
/improvement
of preliminary
ANA estimates
Mauritania
and Togo
GDP
rebasing/implement
Harmonization of ANA
ation of the 2008
SNA
Guinea, Guinea
Bissau, Niger,
Mauritania and
Senegal: processing
of primary data and
compilation of SUT
and IEA
Workshop on the
harmonization of methods
and tools for the
compilation of ANA
Migration of the 8 WAEMU
countries to the 2008 SNA
before 2018 to foster the
multilateral surveillance in
the monetary zone
Cabo Verde, Ghana,
Regional workshop on
Liberia, Sierra Leone,
rebasing national accounts
INST\06.12/I-10:13
The Gambia
ACTION PLAN – WORK PROGRAM FOR FY2017
Work plan FY 2017—Improvement of ANA
Speeding
Improvemen ANA
t of ANA
compilation
compilation and Reducing
delays in ANA
Development
/improvement
of preliminary
ANA estimates
GDP
rebasing/implem
Harmonization of ANA
entation of 2008
SNA
AFE
Kenya, Uganda,
Tanzania,
Rwanda
AFS
Start GDP rebase
in Madagascar,
Seychelles and
follow-up in
Lesotho and
Swaziland
AFC
Chad, Congo
Republic
East African
Community (EAC):Harmonization of ANA
and release of rebased
GDP by end-2017 (2015
common base year).
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CONSTRAINTS/MAIN ISSUES
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High turnover of national accountants;

Weak capacity of some national accounts team
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Inadequate funding to implement key benchmark
surveys;
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Non-availability of some administrative data (e.g.
tax returns)—weak collaboration between
statistics agencies and the relevant institutions.
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GOING FORWARD
The IMF will continue to provide training and TA
to all African countries:
 Through the 5 RTACs and METAC
 From IMF Headquarters—STA
 Through training at IMF Headquarters, RTACs and
Regional Training Centers
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