Investor Presentaiton
An Integrated Framework for Philippine Investment Statistics
by
Claire Dennis S. Mapa, Vivian R. Ilarina,
Teresita Bascos-Deveza and Gerald Junne L. Clariño
Abstract
Keywords: statistical framework, foreign direct investments, private domestic
investments, government investments, uses of investments
The Philippine Statistics Authority (PSA) through its Macroeconomic Accounts Service
spearheaded the conduct of a research project on the development of an Integrated Framework for
Investment Statistics and Glossary of Harmonized Investment-Related Terms. The output of the
project was vetted by the Inter-Agency Committee on Investment Statistics. This paper presents
the major output of the project - the integrated investment Statistical Framework (IISF). The IISF
covers the investment domain together with the key stakeholders in the field. It provides a
comprehensive coverage of investments in the country in accordance with international economic
frameworks such as the 2008 System of National Accounts (SNA 2008) and Balance of Payments
6th Edition (BPM6). The Government Financial Statistics Manual (GFS) was also used as a reference
for government investments. The IISF defines the sources of investments, the recipients, and the
uses of investments. It covers the sources of investments across institutional sectors within the
economy as well as in the rest of the world-foreign direct investments. The IISF also include the
institutional sectors which utilizes the investment funds for production, consumption and
accumulation. Finally, the framework identifies the key investment statistics and parameters.
Investment statistics being generated by various government agencies such as the Bangko Sentral
ng Pilipinas, Board of Investments, Philippine Economic Zone Authority, Philippine Statistics
Authority, and the Securities and Exchange Commission will be integrated using the IISF. The
adoption of the IISF will enhance the country's investment statistics for policy analysis and
formulation.
I.
INTRODUCTION
A.
Study objective: development of an integrated investment statistical framework
This study aims to integrate investment statistics in the country. A critical step in this
direction is the development of an integrated investment statistical framework (IISF) which
would define the scope and coverage of investments and outline how data generation of
various agencies could be linked together and improved following international frameworks
such as BPM6, 2008SNA and international standard classifications/codes. The data collection
and processing will also be harmonized to produce the data needs of other agencies in
support of their legal mandates and using definitions according to Philippine laws. The use of
statistical frameworks is gaining ground not only for data collection and integration but also in
the field of forecasting.
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