1. IMF Support to African Countries on National Accounts Meeting of the African Group on National Accounts Addis Ababa, April 20-22, 2016

2. O UTLINE  IMF/STA’s TA strategy: Regional approach— RTACs  FY2016 Progress and Achievements  FY2017 Work program on NA  Challenges/Constraints INST\06.12/I-10:2

3. S TRATEGY : R EGIONAL APPROACH —RTAC S Regional approach : RTACs  5 AFRITACs + METAC–Covering 48 African countries: AFRITAC East (07) AFRITAC West (10) AFRITAC Central (08) AFRITAC South (13) AFRITAC West 2 (06) METAC (10 including 4 African countries— Egypt, Libya, Sudan and Djibouti)  STA HQ: Algeria, Morocco, Tunisia, Somalia, South Sudan, Sao Tome & Principe  Algeria, Morocco, and Tunisia will join METAC INST\06.12/I-10:3

4. O BJECTIVES OF STA AND RTACS IN THE AREA OF NATIONAL ACCOUNTS To improve the statistical capacity for producing macroeconomic statistics in the framework of the GDDS Compile and disseminate ANA and QNA following international standards INST\06.12/I-10:4

5. ACTIVITIES CONDUCTED IN FY2016—0  About 100 TA missions conducted during the FY2016  About 10 workshops on NA organized in FY2016 on ANA and QNA  Also TA missions and workshops from HQ : QNA, ANA, High frequency indicators, Price statistics, assessment missions INST\06.12/I-10:5

6. A CTIVITIES CONDUCTED IN FY2016—1  Implementation of 1993 SNA  Improvement of NA  Catch up delays in ANA compilation  Improvement of ANA  Development of QNA  Rebasing of ANA and implementation of 2008 SNA  Development of high frequency indicators  Implementation of 2008 SNA  Development/ Improvement of QNA  Improvement of ANA INST\06.12/I-10:6 FY20xx FY2015FY2016

7. A CTIVITIES CONDUCTED IN FY2016—2 u Improvement of ANA compilation and dissemination u Rebasing of annual national accounts u Implementation of the 2008 SNA u Back casting of national accounts series u Harmonization of national accounts methods and compilation technics u Capacity building through regional and HQ workshops, on- the-job trainings, peer-to-peer learning INST\06.12/I-10:7

8. A CTIVITIES CONDUCTED IN FY2016—3 u QNA improvement/development u Development/improvement of administrative source data for QNA compilation u High frequency indicators improvement/development u Development of tools for QNA compilation u Updating of the QNA manual u Development of natural resources NA in pilot countries u Development of metadata on sources and methods for NA compilation u Updated and published description of sources and methods INST\06.12/I-10:8

9. A CTIVITIES CONDUCTED IN FY2016—4 INST\06.12/I-10:9 Development/Improvement/dissemina tion of QNA Seasonal adjusted QNA Improvement/development of high frequency indicators (IPI, IPPI, Index of turnover, etc.) AFWCote d’IvoireSenegal AW2Cabo Verde: QNA released in April 2015 Cabo Verde: Working with Statistics Portugal on developing a PPI AFE Ethiopia, Kenya, Tanzania, Uganda, Rwanda, Malawi, Seychelles AFS AFCBurundi: ongoing Cameroon: HFI implementation in progress, Gabon: A work plan for HFI enhancement is in place Main achievements in FY2016 Quarterly national accounts (QNA) compilation

10. A CTIVITIES CONDUCTED IN FY2016—5 INST\06.12/I-10:10 Main achievements in FY 2016—ANA compilation Improvement of ANA compilation Speed ANA compilation— Eliminate delays in ANA compilation Development of preliminary ANA system Rebasing/implement ation of 2008 SNA Harmonization of ANA AFW Benin— Financial accounts Guinea, Mauritania, Togo—Reduction of delays from 4 to 2 years Guinea Bissau— Processing of primary data Harmonization of Balance of payments statistics and national accounts statistics (Joint AFW and BCEAO workshop, Dakar) AW2 Ghana: ANA expenditure estimates updated Liberia : Preliminary estimates of ANA estimates Nigeria: SUT and advice provided on backcasting The Gambia Cabo Verde Workshop on National Accounts Statistics harmonization

11. A CTIVITIES CONDUCTED IN FY2016—6 INST\06.12/I-10:11 Annual national accounts (ANA) compilation Improvement of ANA compilation Speed ANA compilation—Eliminate delays in ANA compilation Development of preliminary ANA system Rebasing/implementati on of 2008 SNA Harmonization of ANA AFERwanda AFS Lesotho and Swaziland: ANA Rebase almost complete Madagascar AFC Equatorial Guinea; Republic of Congo; Chad; Burundi; Cameroon—Delays in ANA compilation significantly reduced.

12. A CTION PLAN – WORK PROGRAM FOR FY2017 INST\06.12/I-10:12 Work plan FY 2017—Improvement of QNA Development of QNA by activity at current and/or constant prices Development of QNA by expenditure Improvement of QNA by activity/expenditure AFWBenin and Mali AW2 Nigeria, Cabo Verde AFEEthiopiaMalawi AFS Angola, Botswana, Lesotho, Madagascar, Namibia, Seychelles, and Zambia AFCGabon

13. A CTION PLAN – WORK PROGRAM FOR FY2017 INST\06.12/I-10:13 FY 2017 Work plan—Improvement of ANA Improvement of ANA compilation Speeding ANA compilation and Reduction of delays in ANA Development /improvement of preliminary ANA estimates GDP rebasing/implement ation of the 2008 SNA Harmonization of ANA AFW Benin: Development of financial accounts Guinea, Mauritania and Togo: Catch up delays in releasing ANA (from 2 to 0 years) Mauritania and Togo Guinea, Guinea Bissau, Niger, Mauritania and Senegal: processing of primary data and compilation of SUT and IEA Workshop on the harmonization of methods and tools for the compilation of ANA Migration of the 8 WAEMU countries to the 2008 SNA before 2018 to foster the multilateral surveillance in the monetary zone AW2 Cabo Verde, Ghana, Liberia, Sierra Leone, The Gambia Regional workshop on rebasing national accounts

14. A CTION PLAN – WORK PROGRAM FOR FY2017 INST\06.12/I-10:14 Work plan FY 2017—Improvement of ANA Improvemen t of ANA compilation Speeding ANA compilation and Reducing delays in ANA Development /improvement of preliminary ANA estimates GDP rebasing/implem entation of 2008 SNA Harmonization of ANA AFE Kenya, Uganda, Tanzania, Rwanda East African Community (EAC):- Harmonization of ANA and release of rebased GDP by end-2017 (2015 common base year). AFS Start GDP rebase in Madagascar, Seychelles and follow-up in Lesotho and Swaziland AFC Chad, Congo Republic

15. C ONSTRAINTS /M AIN ISSUES  High turnover of national accountants;  Weak capacity of some national accounts team  Inadequate funding to implement key benchmark surveys;  Non-availability of some administrative data (e.g. tax returns)—weak collaboration between statistics agencies and the relevant institutions. INST\06.12/I-10:15

16. G OING FORWARD The IMF will continue to provide training and TA to all African countries:  Through the 5 RTACs and METAC  From IMF Headquarters—STA  Through training at IMF Headquarters, RTACs and Regional Training Centers INST\06.12/I-10:16