Regional: Adopting the Supply and Use Framework Towards 1993 System of National Accounts Compliance in Selected Developing Member Countries

Sovereign Project | 42063-012

Summary

The proposed project is intended to assist participating countries achieve minimum compliance and scope requirements of the 1993 SNA implementation and therefore, position them to take on additional issues of the 1993 System of National Accounts (SNA) Revision 1. Concurrently, implementing the 1993 SNA will improve Gross Domestic Product measures and indicators to monitor Millennium Development Goals (MDGs) achievements, particularly with reference to levels of poverty. Further, the central framework of the 1993 SNA contains detailed supply and use tables that record how supplies of goods and services originate from domestic industries and imports, and how these are allocated among intermediate or final uses, including exports. They provide a framework for checking the consistency of statistics on flows of goods and services obtained from various data sources, enabling countries to improve their statistical databases.

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Project Name Adopting the Supply and Use Framework Towards 1993 System of National Accounts Compliance in Selected Developing Member Countries
Project Number 42063-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6483-REG: Adopting the Supply and Use Framework Towards 1993 System of National Accounts Compliance in Selected Developing Member Countries
Technical Assistance Special Fund US$ 800,000.00
TA 6483-REG: Adopting the Supply and Use Framework Towards 1993 System of National Accounts Compliance in Selected Developing Member Countries (Supplementary)
Technical Assistance Special Fund US$ 220,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector Public sector management - Economic affairs management
Gender Equity and Mainstreaming
Description The proposed project is intended to assist participating countries achieve minimum compliance and scope requirements of the 1993 SNA implementation and therefore, position them to take on additional issues of the 1993 System of National Accounts (SNA) Revision 1. Concurrently, implementing the 1993 SNA will improve Gross Domestic Product measures and indicators to monitor Millennium Development Goals (MDGs) achievements, particularly with reference to levels of poverty. Further, the central framework of the 1993 SNA contains detailed supply and use tables that record how supplies of goods and services originate from domestic industries and imports, and how these are allocated among intermediate or final uses, including exports. They provide a framework for checking the consistency of statistics on flows of goods and services obtained from various data sources, enabling countries to improve their statistical databases. Improved statistical databases lead to a more accurate foundation for informed decision making.
Project Rationale and Linkage to Country/Regional Strategy
Impact Increased implementation of international standards in macro economic statistics with particular focus on the system of national accounts.
Project Outcome
Description of Outcome

1.Selected DMCs improve compliance with the 1993 SNA and compilation of the minimum requirement datasets in GDP estimates.

2.Data gaps identified and data systems improved to support the construction of detailed SUTs and recommend actions to fill the data gaps

3.Technical expertise of national accountants in NSOs of participating DMCs strengthened in compiling consistent GDP aggregates based on 1993 SNA

4.Improved indicators for monitoring progress in meeting target 1 of the MDGs and the measurement of economic output

Progress Toward Outcome
Implementation Progress
Description of Project Outputs

Increased compliance by participating DMCs with the 1993 SNA recommendations

Established supply and use framework for data gap assessment for national accounts compilation

Identified most appropriate data sources, in addition to surveys, for constructing SUTs

Developed a framework to derive sufficiently detailed expenditure weights required for PPP compilations

GDP estimates for the production account based on 1993 SNA

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services Consulting services yet to be determined.
Responsible ADB Officer Chellam Palanyandy
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division Development Indicators and Policy Research Division
Executing Agencies
Asian Development BankChellam Palanyandy6 ADB Avenue, Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 05 Jun 2008
Fact Finding 10 Mar 2008 to 24 Mar 2008
MRM -
Approval 11 Sep 2008
Last Review Mission -
PDS Creation Date 25 Jun 2008
Last PDS Update 01 Jul 2008

TA 6483-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
11 Sep 2008 - 11 Sep 2008 31 Dec 2010 15 Oct 2013 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,020,000.00 0.00 0.00 0.00 0.00 0.00 1,020,000.00 11 Sep 2008 977,059.59

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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