building strategies for implementing the 2008 SNA

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Agency on Statistics of
the Republic of Kazakhstan
MAIN AREAS FOR IMPROVING
MACROECONOMIC STATISTICS IN
COMPLIANCE WITH
THE 2008 SNA
FOR 2012-2015
Issyk-Kul, Kyrgyzstan, 28-29 August 2012
The Possibilities of implementing the 2008
System of National Accounts
Implementation 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.
2
CURRENT STATE OF IMPLEMENTATION OF
THE 1993 SNA (SNA 93)
Integrated Economic Accounts
I. Production accounts
II. Accounts on income allocation and use
II.1. Accounts of primary distribution of income
created
II.1.1. Accounts of income Generation
created
II.1.2. Accounts of Primary income Allocation
created
II.2. Accounts of secondary distribution of income
created
II.3. Accounts of income redistribution
created
II.4. Accounts of income Use
III. Savings accounts
III.1. Equity transaction accounts
III.2. Financial accounts
III.3. Accounts of other changes in assets
III.3.1. Accounts of other changes in volume
of assets
III.3.2. Revaluation accounts
created
created
created
experimental
calculations
experimental
calculations
3
CURRENT STATE OF THE IMPLEMENTATION
OF THE 1993 SNA (SNA 93)
The balance of assets and liabilities
Supply and use table
Tables of "resources-use"
Tables "input - output"
Three-dimensional analysis
Tables of financial transactions and financial assets
and liabilities
Full balance and accounts of asset and liabilities
Function analysis
Auxiliary tourism accounts
Auxiliary environmental and economic accounts
Auxiliary health accounts
not created
created
created
not created
not created
created
not created
experimental
calculations
Tables of population and employment
Matrix of accounts for the analysis of social
not created
processes
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ACTIVITIES FOR IMPLEMENTING THE 2008
SNA FOR 2012-2015
Action
Developing new
methodologies
Central bank methodology for output accounts
Methodology on output accounts in the areas of insurance services
and pension funds
Methodology on output accounts of FISIM
Methodology on expenditures accounts in R & D and military areas
Methodology of assessing illegal activities and informal sector
Developing new
and updating
existing
classifications
Classifier 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
calculations
Account of other volume changes of assets and revaluation accounts
Balance of assets and liabilities
Assessment of illegal activities
Support for environmental-economic and public health accounts
5
ACTIVITIES FOR IMPLEMENTING THE 2008
SNA FOR 2012-2015
Actions
Analysis by
institutional
sector
Compensation of employees by activity sector
Income from property
Disposable income
Indicators of the financial account
Monetary Survey of the National Bank, the banking system
Clarification of
information
sources
Calculation of income from property as a result of ownership,
financial or tangible non-produced assets
Calculation of social insurance contributions and other current
transfers
Refinement of
existing
methodologies
Financial account building
"resources-use" and "input-output“ tables building
Implementation of
macro-economic
modeling
System of leading indicators
Aggregated macroeconomic model of Kazakhstan
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HARMONISING THE SNA WITH MONETARY AND
FINANCIAL STATISTICS, THE BALANCE OF
PAYMENTS
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, ABC
Areas 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.
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HARMONISING THE SNA WITH GOVERNMENT
FINANCES STATISTICS
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.
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PLANS BASED ON INTERNATIONAL STANDARDS
TO IMPROVE STATISTICS
Strengthening the National Statistical System of Kazakhstan for 2012-2016
Components of the Project
The objectives of the component
D.8. The formation and
implementation of timeseries 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 indicators
Improve the quality and reliability of short-term statistics
for all branches of statistics
D.9. Strengthening of
the analytic function
Improved analytical capabilities of ARKS
F.1. Improving the
comparability of
macroeconomic statistics
Complete the implementation of the 1993 SNA and create a
methodological framework for the transition to the 2008
SNA.
F.2. Improving the
microeconomic statistics
Improve structural statistics in order to reach compliance
with international standards and UN Handbook requirements
"Links between Business Accounting and National Accounting"
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The use of indicators of the SNA government
bodies
Indicator
GDP at current prices, million Tenge and million USD
GDP per capita, Tenge and USD
Real GDP growth, percent
GDP structure, percent
GNI million Tenge and million USD
GNI per capita, Tenge and USD
Final consumption expenditure, million Tenge
Gross saving, million Tenge
Gross disposable income, million Tenge
Gross capital formation, million Tenge
Wages, million Tenge, and the share of wages in GDP, percent
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