A technical assistance mission on external sector statistics was conducted for the Central Bank of Montenegro (CBM) during July 29 to August 9, 2024. The mission established measures to address the major sources for the large net errors and omissions (NEO) and reduced the average NEO during 2021 to 2023 from 9 percent to 1.1 percent of Gross Domestic Product. The mission also assisted the CBM and the Ministry of Finance in preparing the Template for International Reserves and Foreign Currency Liquidity—a statistical dataset that covers reserves-related data comprehensively.
- DOI
- https://doi.org/10.5089/9798400289309.019
- ISBN
- 9798400289309
- ISSN
- 3005-4575
- Issue
- 086
- Pages
- 15
- Published in
- United States of America
- Stock No
- TAREA2024086
- Volume
- 2024
Table of Contents
- A. Introduction 8
- B. Balance of Payments 9
- Net Errors and Omissions (NEO) 9
- Recommendations: 11
- Direct Investment (FDI) 11
- Recommendation: 11
- Portfolio Investment 11
- Recommendations: 12
- Financial Derivatives 12
- Recommendation: 12
- Trade Credit 12
- Travel Services 13
- C. Reserves Data Template (RDT) 14
- D. Institutional Issues and resources 15