Result Based Management Framework - METAC

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PPI. Most of the assistance provided regarding external statistics over several years was
devoted to the development and implementation of a DI survey; a new approach was
developed from 2012 to facilitate the completion of the survey.
Objectives
Work Program
Regarding real sector statistics, TA is needed on NA and on price statistics (CPI and PPI),
and is likely to be provided by STA.
Regarding external statistics, the priority objective remains the completion of the DI
survey for which METAC has been providing TA since March 2005; this objective is
expected to be achieved by the end of 2013. Additional assistance will be needed to
review and validate the results of the survey when it is finally implemented. Further TA
will aim to improve the following areas: compilation of merchandise trade statistics, of
remittances data by country of origin (for plausibility check purposes, in particular), flows
and stocks of private sector external debt, cross-sector consistency of data; and the
adoption of BPM6 methodology.
Outcomes
The main outcomes of TA on external statistics are:
The DI survey has been conducted, and the results have been published. Egypt has
agreed to participate in the IMF’s Coordinated Direct Investment Survey (CDIS),
and submitted the DI survey results accordingly.
The quality of merchandise trade statistics and of flows and stocks of the private
sector’s external debt has improved; remittances data are collected by country of
origin.
BOP statistics are consistent with NA, monetary and external debt statistics.
Reserve assets data are consistent across publications.
The BOP and the IIP are compiled according to BPM6 methodology.
Outputs
The main outputs of TA on external statistics are:
Mission reports.
Hands-on training.