Philippines Technical Assistance Report-Monetary and Financial Statistics Mission

This Technical Assistance report focuses on Philippines’s monetary and financial statistics (MFS). In order to align the coverage of the other depository corporations survey to statistical standards, the mission recommended the inclusion of the money market unit investment trust funds in the survey....

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Bibliographic Details
Corporate Author: International Monetary Fund Statistics Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2019
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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653 |a International finance 
653 |a Institutional Investors 
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653 |a Pension Funds 
653 |a Finance 
653 |a Offshore financial centers 
653 |a Securities 
653 |a Industries: Financial Services 
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653 |a Financial Instruments 
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653 |a Ownership & organization of enterprises 
653 |a Data Collection and Data Estimation Methodology 
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653 |a International Lending and Debt Problems 
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653 |a Non-bank Financial Institutions 
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520 |a This Technical Assistance report focuses on Philippines’s monetary and financial statistics (MFS). In order to align the coverage of the other depository corporations survey to statistical standards, the mission recommended the inclusion of the money market unit investment trust funds in the survey. With the compilation of other financial corporation’s data, the Philippines is now able to produce intersectoral balance sheet approach (BSA). MFS with full coverage, together with quarterly international investment position and public debt statistics, are the building blocks for the BSA. The mission recommended a detailed action plan with the following priority recommendations carrying weight to make headway in improving MFS quality and completeness. The experience by BSP compilers on data reporting by Securities and Exchange Commission supervised corporations pointed to a need to enhance the Bangko Sentral ng Pilipinas’s (BSP) authority to collect data for statistical purposes, which has been addressed by BSP management. Details on the priority recommendations and the related actions/milestones can be found in the action plan under Detailed Technical Assessment and Recommendations