Presentation on theme: "Statistics Department, BANK OF UGANDA www.bou.or.ug."— Presentation transcript:
Statistics Department, BANK OF UGANDA
Content 1. Introduction 2. Administrative data & sources 3. Challenges with Administrative data sources 4. Conclusions & Recommendations
Introduction The mandate to compile statistics in Uganda is rested with Uganda Bureau of Statistics (UBOS) – NSO. The Bank of Uganda (BoU) compile the Balance of Payments (BOP) and Monetary Surveys. BoU frequently require statistical information: Administrative sources Sample surveys BoU and UBOS have collaborative agreement in a number of areas to compile statistics. Trade; PSIS etc Administrative data sources; Revenue Authority, Investment Agency, UBOS, line ministries, other organizations compiling the required data.
Compilation of statistics in BoU are consolidated with the Research Function: Statistics Department Research & policy Department The statistics department is divided into five (5) Divisions each charged with the compilation and production of specific statistics. Important statistics outputs compiled; Macroeconomic indicators - mainly from administrative data sources drawn from line Ministries/Institutions & UBOS Introduction …2
Administrative data sources The BOP; Current accounts Trade (Exports & Imports) – Administrative sources for formal trade supplemented by monthly surveys (Informal Cross Border Trade) Services and incomes – administrative sources & some estimations Current transfers – administrative sources (Ministry of Finance and other Departments within the Bank) as well as surveys on workers remittances. Capital accounts Direct, Portfolio and other investment – mainly through surveys supported by non-survey methods – Foreign Private capital. Administrative data (business register) provide basis for sampling.
The BOP Financing Items and memorandum items; mainly obtained from administrative sources within the bank. Monetary surveys Internal administrative data from bank supervision and accounts department. Government statitistics Administrative data mainly from Ministry of Finance and UBOS Other statistics Business confidence survey – surveys only Domestic Resource Cost (DRC) – administrative data supplemented by surveys Index of Agricultural Production – administrative data supplemented by surveys Administrative data sources...2
Challenges with Administrative Data Timeliness of administrative data sources provision of data inline with the requirements. Administrative data providers may not have keen interest in some areas of the data they compile (e.g. Exports etc.). Methodology of compilation of data by the administrative source. The methodology often depend on the initial requirements of the compiler which may not be consistent with the users. Classifications of products and enterprises within the administrative databases. Require regular reconciliation with the data sources who may not have the time.
Collaboration between BoU and UBOS has contributed significantly to the compilation of statistics in Uganda. Administrative data sources provide significant statistical information for Bank of Uganda operations requirements despite the challenges with some sources. Going forward, there is need for harmonization of systems for compilation of national statistics and continuous capacity strengthening Conclusions & Recommendations