KARACHI: The Statistics and Data Warehouse Department of the State Bank of Pakistan (SBP) compiles and disseminates external
sector statistics regularly on monthly basis.
The SBP always strives to enhance data quality, coverage, and adhering to best internatio
nal standards. The changes
related to compilation, dissemination and methodology are notified to all stakeholders in the form of a revision study.
In order to improve the quality of external
sector statistics, SBP has enhanced the coverage by getting information of permissible offshore foreign currency accounts transactions
related to energy and power
sectors.
It is to be informed that the SBP has revised external
sector statistics from the period of July 2014 onwards by including data on offshore transactions. Resultantly, the central bank has revised: Imports of goods and Services, Primary Income and Secondary Income under the head of Current Account and Foreign Direct Investment and Other Investment [Currency and Deposits (Assets) of Ot
her Sector and Loans of Ot
her Sector – Disbursements and Amortization] under the head of Financial Account.
Accordingly, external debt and liabilities and debt servicing data have also been revised. The revision study for these changes is available at the central bank’s website.
Published in Daily Times, July
6th , 2017.