National Accounts of Tajikistan

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National Accounts of Tajikistan Nilyufar Khuseynova Spesialist of SNA and financial statistics department Introduction of SNA -93 The practical introduction of System of National Accounts in Tajikistan began in 1994-1995 The introduction of SNA -93 was spent in statistics: - with cooperation the international organization - Statistical Committee of the Commonwealth of Independent States, rendering the consultative and methodical help in assimilation of SNA.

Accounts of SNA: Account of goods and services Production account Generation of income account Allocation of primary income account Secondary distribution of income account Used of disposable income account Capital account Aggregates of accounts divided by sectors: Non-financial corporations Financial corporations General government Non-profit institutions serving households Households

GDP calculated by three methods: Production method production economy activity by statistical report, data of taxes and subsidies by state budget of Ministry of Finance, the intermediate consumption calculated by statistical reports which included material expenditure. Expenditure method - expenditure of households estimated by goods streams and data of household s survey, expenditure of government on the basis of state budget, fixed capital formation definite on the basis of information of construction department, changes in inventories complained by annual report of account balance of enterprises and estimated by methodical calculation, export and import estimated by data of external trade statistics and then corrected with Payment Balance of National Bank. Income method - data of labour statistics and data of state budget by taxes and subsidies. Quarterly GDP Preliminary quarterly GDP is calculated on the basis of data cumulative economic activities by production method Final quarterly GDP is calculated after the final calculation of GDP by production method At present Supply - Use table prepare for 2011 year

Main data sources of National accounts: Statistical information (annual and quarterly) Data of state budget of Ministry of Finance Selective services of economy activity Data of household survey Data of Labour Force survey Data of Payment of Balance of National Bank Estimation of aggregates of SNA: Production side - all aggregates compiled in current and constant prices Expenditure side - all aggregates compiled in current and constant prices Constant prices all aggregates calculated only in prices of previous year

Some SNA - 1993 is not implemented: Financial account; Accounts of other changes in assets, balance sheet; Incomplete information about fixed assets in private sectors; Need to improve of estimation of non-observed economy; Need to formation of Supply-Use Table every year. Action Plan of the Statistics Agency under the President of the Republic of Tajikistan for Transition to SNA 2008 Action Period Responsible agency Implementing agency 1. Establish a permanent Interagency Working Group on Implementation of SNA 2008 2. Prepare data of or the calculation of Financial Intermediation Services Indirectly Measured (FISIM) in compliance with SNA 2008 3. Prepare data for the output of NBT reports in compliance with SNA 2008 2015 All ministries and departments 2015-2016 National Bank of Tajikistan(NBT) 2015-2016 National Bank of Tajikistan Statistics Agency () 4. Improve the general government sector compliance with SNA 2008 2015-2016 Ministry of Finance 5. Prepare data on expenditures for armaments system in compliance with SNA 2008 2015-2016 Ministry of Finance Ministry of Defense

Action Plan of the Statistics Agency under the President of the Republic of Tajikistan for Transition to SNA 2008 Action Period Responsible agency 6. Prepare data on expenditures for scientific practical research in compliance with SNA 2008 methodology 7. Prepare the data for the calculation of financial accounts 8. Prepare statistical data on natural resources 2015-2016 Academy of Sciences 2015-2016 National Bank of Tajikistan 2015-2016 Committee for Environmental Protection Implementing agency 9. Preparation works for the second 2016-2017 version of the General Classification of Economic Activities (NACE 2) 10. Prepare Supply and Use Table 2016-2017 What will need to do? Study the experience of other countries in the implementation of SNA 2008; Attracting leading experts in the framework of the National Strategy for the Development of Statistics for the period 2016-2021; Capacity building of the Agency for Statistics and other agencies that are directly involved in the process of implementation of the 2008 SNA through internal seminars, participation in various courses abroad; Attracting international financial institutions in the implementation of the 2008 SNA; Strengthening the statistical infrastructure, etc.

Thank you for attention!