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Uganda : Technical Assistance Report-Report on the Monetary and Financial Statistics Mission

Author/Editor:

International Monetary Fund. Statistics Dept.

Publication Date:

October 20, 2017

Electronic Access:

Free Full Text (PDF file size is 990 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

A monetary and financial statistics (MFS) mission from the International Monetary Fund’s (IMF’s) Statistics Department (STA) visited Kampala during January 12–22, 2015. The mission focused on reviewing and mapping source data for savings and credit cooperatives (SACCOs) to the IMF’s Standardized Report Form (SRF) 2SR and other financial corporations (OFCs) to the SRF 4SR in line with the IMF’s Monetary and Financial Statistics Manual (MFSM). This will lead to an expansion of the monetary statistics coverage for Uganda. The source data for SACCOs, the National Social Security Fund (NSSF), and non deposit-taking microfinance institutions (NDTMFIs) were generally sufficient for mapping once various clarifications were provided. However, for the insurance corporations and private pension funds (i.e., excluding the NSSF) the available source data were not adequate. The mission therefore worked with the authorities, the Uganda Retirement Benefits Regulatory Authority (URBRA), and the Insurance Regulatory Authority (IRA) to agree on modifications to the current reporting forms that would include breakdowns needed for mapping to the SRF 4SR, and then agreed on the mapping with the SD staff.