THE 2008 SNA FOR 20122015 IssykKul Kyrgyzstan 2829 August 2012 Agency on Statistics of the Republic of Kazakhstan The Possibilities of implementing the ID: 213813
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MAIN AREAS FOR IMPROVING MACROECONOMIC STATISTICS IN COMPLIANCE WITH THE 2008 SNA FOR 2012-2015Issyk-Kul, Kyrgyzstan, 28-29 August 2012
Agency on Statistics of the Republic of KazakhstanSlide2
The Possibilities of implementing the 2008System of National AccountsImplementation of 2008 SNA depends on the following factors:
the current state of implementation of the 1993 SNA;
building
strategies for implementing the 2008 SNA; harmonizing the National Accounts statistics with other macroeconomic statistics and accounting; building plans based on international standards for improving the statistical systems; government use of SNA indicators to build economic policies.
2Slide3
CURRENT STATE OF IMPLEMENTATION OF THE 1993 SNA (SNA 93)Integrated Economic Accounts
I. Production accountscreatedII.
Accounts
on
income allocation and useII.1. Accounts of primary distribution of incomeII.1.1. Accounts of income GenerationcreatedII.1.2. Accounts of Primary income Allocation createdII.2. Accounts of secondary distribution of incomecreated
II
.3.
Accounts of income redistributioncreatedII.4. Accounts of income Use createdIII. Savings accountsIII.1. Equity transaction accountscreatedIII.2. Financial accountscreatedIII.3. Accounts of other changes in assetsIII.3.1. Accounts of other changes in volume of assetsexperimental calculationsIII.3.2. Revaluation accountsexperimental calculations
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CURRENT STATE OF THE IMPLEMENTATION OF THE 1993 SNA (SNA 93)
The balance of assets and liabilitiesnot created
Supply and use table
Tables of "resources-use"
createdTables "input - output"createdThree-dimensional analysisTables of financial transactions and financial assets and liabilitiesnot createdFull balance and accounts of asset and liabilitiesnot createdFunction analysisAuxiliary tourism accounts
created
Auxiliary environmental and economic accounts
not createdAuxiliary health accountsexperimental calculationsTables of population and employmentMatrix of accounts for the analysis of social processesnot created4Slide5
ActionDeveloping new methodologiesCentral bank methodology for output accounts
Methodology on output accounts in the areas of insurance services and pension fundsMethodology on output accounts of FISIM
Methodology on expenditures accounts in R & D and military
areas
Methodology of assessing illegal activities and informal sectorDeveloping new and updating existing classificationsClassifier of financial (CFA) and non-financial assets (KPA)Classifier of functions of the government (COFOG) and non-profit institutions serving households (COPNI)Classifier of economic sectors (CSE) and main funds (COF)Experimental calculationsAccount of other volume changes of assets and revaluation accountsBalance of assets and liabilitiesAssessment of illegal activitiesSupport for environmental-economic and public health accounts 5ACTIVITIES FOR IMPLEMENTING THE 2008 SNA FOR 2012-2015Slide6
ActionsAnalysis by institutional sectorCompensation of employees by activity sector Income from property Disposable income
Indicators of the financial accountMonetary Survey of the National Bank, the banking systemClarification of information sourcesCalculation of income from property as a result of ownership, financial or tangible non-produced assetsCalculation of social insurance contributions and other current transfers
Refinement of existing methodologies
Financial account building
"resources-use" and "input-output“ tables buildingImplementation of macro-economic modelingSystem of leading indicatorsAggregated macroeconomic model of Kazakhstan6ACTIVITIES FOR IMPLEMENTING THE 2008 SNA FOR 2012-2015Slide7
ARKS’s President order №. 92, on March 28, 2011 "On creation of the Working Group dealing with methodological issues on social statistics of national
accounts and the financial sector "ARKS’s President order № 176, on June 30, 2011
"Amendments to
the Order № 92 from March
28, 2011"Composition of the Working Group: ARKS, NBK, NBK KFN, MF RK, RK, the AFC, ABCAreas of work of the Working Group: 1. Consideration and approval of the methodological approaches for output accounts production by the central bank, commercial banks, pension funds and insurance / reinsurance organizations, FISIM in accordance with the 2008 SNA. 2. Consideration and approval of the methodological approaches for formatting the accumulation accounts in accordance with the 2008 SNA.HARMONISING THE SNA WITH MONETARY AND FINANCIAL STATISTICS, THE BALANCE OF PAYMENTS7Slide8
Working Group’s on Science and Innovation Meeting Methodological reflection of the costs of research activities in line? With the SNA 93 and SNA 2008
Composition of the Working Group: ARKS, KN RK, JSC "Science Fund". JSC "National Innovation Fund" IIA of the RK, Ministry of Finance of RK, JSC "Institute of Oil and Gas," NDP "Nur Otan"
Issues
for a Working Group’s
Meeting: 1. Methodological reflection of the costs of research and development activities in accordance with the 1993 SNA and the accounting problems of the costs in the research activities within the investment compliance with the 2008 SNA methodological state. 2. Harmonization of methodological approaches with the SNA 2008 Frascati Manual to incorporate the costs of research activities.HARMONISING THE SNA WITH GOVERNMENT FINANCES STATISTICS8Slide9
PLANS BASED ON INTERNATIONAL STANDARDS TO IMPROVE STATISTICSStrengthening the National Statistical System of Kazakhstan for 2012-2016
Components of the ProjectThe objectives of the component
D.8. The formation and implementation of time-series methods of seasonal adjustment
Introduction of
methods and technology for seasonal adjustment of economic statistics, harmonized with international practices and ensuring the consistency, reliability and transparency of the seasonal adjustment procedures, and comparability of indicatorsImprove the quality and reliability of short-term statistics for all branches of statisticsD.9. Strengthening of the analytic functionImproved analytical capabilities of ARKSF.1. Improving the comparability of macroeconomic statisticsComplete the implementation of the 1993 SNA and create a methodological framework for the transition to the 2008 SNA.F.2. Improving the microeconomic statisticsImprove structural statistics in order to reach compliance with international standards and UN Handbook requirements "Links between Business Accounting and National Accounting"9Slide10
The use of indicators of the SNA government bodiesIndicatorGDP at current prices, million Tenge
and million USDGDP per capita, Tenge and USDReal GDP growth, percent
GDP
structure, percentGNI million Tenge and million USDGNI per capita, Tenge and USD Final consumption expenditure, million TengeGross saving, million TengeGross disposable income, million TengeGross capital formation, million TengeWages, million Tenge, and the share of wages in GDP, percent10Slide11
THANK YOU!11