Background

The availability of accurate, comprehensive, and reliable monetary and financial data across MEFMI member countries is crucial for a better understanding of the economic flows. These statistics are also useful for evidence-based policymaking, which is critical for effective and prudent macroeconomic management as underscored by recent episodes of financial instability, particularly that of 2008–2009. However, in the MEFMI region capacity gaps in the compilation of monetary and financial statistics remain, specifically on compiling and reporting harmonised data for Central Banks (CB), Other depository corporations (ODCs), Other financial corporations (OFCs), as well as cross country data comparisons. It is on this basis that MEFMI will be conducting an e-Learning course on monetary and financial statistics to build capacity in this area.

Objective

To impart skills for compiling monetary and financial statistics (sectoral balance sheets and surveys) for the CB, ODC, and OFCs sectors in accordance with international standards.

Course Content

The course will consist of the following:

1. Module1: Introduction and overview of the monetary and financial statistics framework;
2. Module 2: Classification of Financial Assets and Liabilities;

• Module 3: Institutional units and classification of financial assets and liabilities;

1. Module 4: Stocks, flows, and accounting rules, money, liquidity, credit, and debt; and
2. Module 5: Compilation, source data, and dissemination of monetary and financial statistics.

Target Group

The workshop targets junior to middle-level staff involved in MFS compilation and analysis from Central Banks, Statistics Offices and Ministries of Finance and Planning.