Colombia: Report on the Observance of Standards and Codes

Colombia: Report on the Observance of Standards and Codes—Data Module

October 16, 2006

Preview Citation

Format: Chicago

Colombia: Report on the Observance of Standards and Codes—Data Module, (USA: International Monetary Fund, 2006) accessed December 22, 2024

Summary

The quality of the macroeconomic statistics is generally high, broadly conforming to international standards for compilation and dissemination, although coverage of illicit activities is poor. Executive Directors suggest reviewing the legal framework for statistical activity, including strengthening the institutional and financial independence of the National Administrative Department of Statistics. Further strengthening is needed in the areas of national accounts and government finance statistics. Developing a methodology to include unrecorded trade in the balance of payments on a timely basis is also required.

Subject: Balance of payments statistics, Economic and financial statistics, Financial statements, Fiscal policy, Monetary statistics, National accounts, Public financial management (PFM)

Keywords: Balance of payments statistics, BR compilation methodology, BR plan, BR staff, Central government, CR, Equity transactions, Financial statements, Global, Government, Government unit, ISCR, Monetary statistics, NADS, NADS effort, Source data

Publication Details

Pages:

147
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/356
Stock No:

1COLEA2006002
ISBN:

9781451808902
ISSN:

1934-7685

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