ABOUT THIS LEARNING EVENT

This learning event was designed to assist officials in the compilation of internationally comparable monetary and financial statistics.

It consisted of lectures and workshops to familiarize participants with practical aspects of monetary statistics compilation, in particular with respect to the standardized report forms (SRFs) used by the IMF to collect internationally comparable data and the issues facing CEF member countries in this regard.

Participants shared experience on their on monetary and financial statistics compilation issues and use of monetary data in their countries.

Material was based on the IMF’s Monetary and Financial Statistics Manual and the Monetary and Financial Statistics: Compilation Guide and briefly summarized the principles of economic sectorization, the characteristics and classification of financial instruments, valuation, and other accounting issues that are relevant to the compilation of analytical accounts for the entire financial sector, comprising the central bank, other depository corporations and the other financial corporations. In addition, the course discussed the revisions in the pre-publication versions of the 2016 manual and compilation guide.

Target audience

The event was designed for employees from central banks, responsible for the compilation and/or analysis of monetary statistics.

Faculty

This learning event was delivered in co-operation with colleagues from the IMF and Bank of Slovenia.

José Carlos Moreno, Senior Economist, Statistics Department, Financial Institutions Division, IMF

José Carlos has worked in the development of macroeconomic statistics at the Central Bank of Spain (1990-97), the European Central Bank (1997-99) and the IMF (1999 to date). His areas of expertise are: monetary and financial statistics, balance of payments statistics (IMF), financial accounts (ECB), and corporate sector statistics (Central Bank of Spain).
During his career at the IMF he visited more than 40 countries in Latin America, Europe, and South East Asia, on technical assistance, evaluation, and training missions, as well as represented the IMF in international and regional fora. He has been responsible for the development of the first international guidelines on how to compile financial statistics and he is currently involved in the implementation of the G-20 data gaps initiative, among other projects. José Carlos holds degrees in economics, business administration, financial supervision, and law.

Jaroslav Kučera, Expert on Financial and Monetary Statistics

With a degree of M.A. in economics and accounting at the School of Economics, Prague and professional experience as a Director of Statistics Department at the State Bank of Czechoslovakia, Jaroslav joined the IMF’s Statistics Department in 1992. There he assisted in the redevelopment of monetary and financial statistics (MFS) mainly in countries of the former Soviet Union and later in countries in Asia and Africa.

During his stay at the Fund, Jaroslav participated in more than 90 technical assistance (TA) missions, including lecturing on more than 25 courses organized by the IMF’s Statistics Department. He participated in the Report on Standards and Codes (ROSC) missions to Ukraine, Russia, Philippines, and Moldova and was a head of the ROSC mission that prepared the assessment of the monetary statistics compiled and disseminated by the Eastern Caribbean Central Bank. He was responsible for TA in the division and participated in the development of the revised Manual on MFS (Chapter VII) issued in 2016.

Jaroslav retired in 2014, but continued to conduct TA missions and workshops on MFS for partner states of the East African Community and an advanced MFS course for English speaking African countries in 2016.

Dušan Murn, Deputy Director in Financial Statistics Department, Banka Slovenije

Dušan Murn has started to work in Slovenian central bank in 1990 as an analyst of public finance in Analyses and Research Department. During this time he also contributed to development of various statistical concepts and products, including adoption of the IMF's SDDS in 1996.

 He became a Deputy Director of statistical department in 1999 (department has been established five years earlier and has three main statistical areas: monetary and financial, external and financial accounts). He worked intensively in harmonisation of monetary and financial statistics with the ECB's requirements and in development of a multipurpose reporting system of credit institutions and other financial intermediaries. He is a member of the Statistical Committee of the ESCB, where he was also head of the JEGR (Joint Expert Group on Reconciliation) in 2012-2013.

Tine Janžek, Analyst in Financial Statistics Department, Banka Slovenije

Tine Janžek has been working as the analyst in the Financial Statistics department at the Bank of Slovenia since 2010. His main responsibilities encompass development, production and compilation of balance sheet items statistics among other ongoing projects like securities issue statistics and SME financing. With a degree in economics at the Faculty of Economics and current enrolment in a PhD programme his main area of expertise are statistics, banking and monetary policy.  

Partners

This learning initiative was supported by: