The National Bank has made exceptional achievements in the field of statistics, an aspect that is of enormous significance for the entire economy, because these data represent the foundation to take the right decisions by policymakers and the corporate sector, agreed National Bank Governor Anita Angelovska-Bezhoska and Louis Marc Ducharme, Director of the International Monetary Fund (IMF) Statistics Department, within the IMF-World Bank Spring Meetings in Washington, MIA informs.
Angelovska-Bezhoska and Ducharme noted that the central bank has invested continued efforts in the improvement of transparency, quality and volume of statistical data on financial and monetary trends, which is of exceptional significance when making decisions to maintain the macroeconomic stability of the financial sector, the National Bank said in a press release.
Over a year ago, the central bank started to release data on annual financial accounts of the national economy, which show the trends of financial assets and liabilities. This is an important step for the domestic statistical system due to its detailed information on the situation and changes of the financial assets and liabilities of certain sectors, their structure related to individual financial instruments, as well as financial exposure of sectors.
The financial accounts represent an important source of information for economic policymakers, said the National Bank. Governor Angelovska-Bezhoska also met with Christopher Erceg, deputy director in the IMF Monetary and Capital Markets Department, discussing the further enhancement of the analytical infrastructure to manage monetary policy, capacity development for assessment of systemic risks and maintenance of financial stability, as well as efficient supervision.
