European Parliament Library

Costa Rica :, Balance of Payments and International Investment Position Statistics (October 13-23, 2014)

Abstract
This Technical Assistance Report discusses the recommendations made by the IMF missions on the balance of payments and international investment position dynamics in Costa Rica. In view of the results of the economic survey, the mission recommended that the Central Bank of Costa Rica (BCCR), in cooperation with the Ministry of Finance, follow up with respondents to raise awareness of the importance of reporting transactions by residency. Regarding the work on secondary income, the mission observed that the BCCR has a reliable estimate of income of seasonal and border workers in Costa Rica. It is expected that the BCCR will be able to collect information on pensions received by foreign residents who retire in Costa Rica
Table Of Contents
Cover -- Contents -- ACRONYMS -- EXECUTIVE SUMMARY -- ACTION PLAN -- I. SECONDARY INCOME ACCOUNTS -- II. IMPLEMENTATION STATUS OF CDIS AND CPIS RECOMMENDATIONS -- III. COORDINATION WITH INFORMATION SOURCES -- IV. IMPLEMENTATION STATUS OF BALANCE OF PAYMENTS AND IIP RECOMMENDATIONS -- Tables -- 1. BCCR Economic Statistics Area Survey -- 2. Total Portfolio Value -- 3. Report of Balances Recorded in the Book Entry System (SAC) at the Close of Each Day -- 4. Total Surveys Comprising the Database Received from the ICT for 2013 -- Annexes -- I. Inclusion in the CDIS of Net Position of Insurance Companies Previously Consolidated with Other Nonfinancial Firms -- II. Proposed Reconciliation Table for BCCR and Ministry of Finance Figures for Debt Instruments Issued by the Central Government -- III. Proposed Methodology for Estimating the Income Imputed to Nonresident Property Owners Who Stay in Their Own Homes When Vacationing in Costa Rica, and the Respective Income from Foreign Direct Investment in Real Estate -- IV. Calculation of Quarterly Seasonal Variation of Services (Credit and Debit) -- V. Recommendations of the CDIS and CPIS Mission (March 2014) A. Sales -- VI. Recommendations of the Technical Assistance Mission on Balance of Payments and IIP (February 2014) C. Soto -- VII. Border Workers and Temporary Workers
Language
eng
Literary Form
non fiction
Physical Description
1 online resource (47 pages)
Specific Material Designation
remote
Form Of Item
online
Isbn
9781484341094

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