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BALANCE OF PAYMENTS &
International Investment Positions |
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Press
Release
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Meta Data
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BOP Summary
Table
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International
Investment Position
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Press
Release
The Central Bank of Timor-Leste (BCTL) has established
a new milestone as it publishes the first official
balance of payments (BOP) statistics for Timor-Leste,
covering the years 2006 and 2007. The BOP statistics and
corresponding documentation can already be accessed on
the BCTL website ..Full press release is available below.
The Central Bank of Timor-Leste (BCTL) has establish
and publish the first official International Investment
Position (IIP) statistics for Timor-Leste. These
statistics cover the year 2007-2010 and represent the
development of investment position outward and inward of
Timor-Leste. Full press release also available below.
Meta
Data on BOP
By definition, the BOP is a statistical statement that
systematically summarizes, for a specific time period, the
economic transactions of an economy with the rest of the
world.
The task of the BOP compilation in Timor-Leste is officially
assigned to the Central Bank (BCTL),
specifically under its Economic and Statistics Division. In
accordance with the Statistics Law, the Ministry of Finance
has officially declared BOP as part of Timor-Leste’s
official statistics, with BCTL as its official compiler.
Under a technical assistance program with the International
Monetary Fund, the BCTL has developed its first set of
official BOP statistics for the years 2006 and 2007.
The balance of payments (BOP) data cover all economic
transactions of residents of the Timor-Leste economy with
nonresidents.
The Timor-Leste’s BOP statistics are classified broadly
according to the standard components of the BPM5 (with an
additional item from BPM6 under income), and with an
analytical presentation showing the balance of payments
position, current account balance, and capital and financial
account balance.
For more information please
click
here.
Meta
Data on IIP
The international investment position is a statistical
statement that shows an economy’s stock of external
financial assets and liabilities of the public and private
sectors at a particular point in time. The difference
between the stock of external assets and the stock of
external liabilities is the net IIP.
There are four functional types of investment: direct
investment, portfolio investment, other investment and
reserve assets. For all investment, the distinction between
assets and liabilities depends on whether the investment was
made by non-resident or residents. The investment by
resident in abroad is external assets, while non-resident
investment locally is foreign liabilities.
For more information please
click here
BOP Summary Table & International Investment Position
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