Base Page Information

Country

EGYPT

Data category

Balance of Payments

 

Contact person

Mrs. Saher El Sherbini

Organization

Central Bank of Egypt

Economic Research Department

Phone Number

(202) 3937589

Fax Number

(202) 3904232

E-mail

 research@cbe.org.eg

 

Dissemination formats:

Hardcopy

 

News release

 

 

 

 

 

 

Weekly

 

Monthly

 

quarterly bulletin X

 

 

Other

Electronic

X

On-line country bulletin board or database

 

 

Diskette

 

CD ROM

 

Other

 Summary Methodology

  Access to Egypt’s Statistics

 

The Data: Coverage, Periodicity, and Timeliness

Coverage characteristics

Data are in both Egyptian pound and US dollar. It covers merchandise exports & imports, the services balance on gross basis for the receipts and expenditures side by major category (transportation, travel, investment income, government, and other), private and official transfers on net basis, and the capital and financial account on gross basis broken down into: external indebtedness, foreign direct investment, portfolio investment, and changes in foreign assets & liabilities of banks and non reserve assets and liabilities of the Central Bank of Egypt, and change in reserve assets of the CBE. The statistics are compiled in accordance with the methodology prescribed in the Fifth Edition of the IMF's Balance of Payments Manual.

Periodicity

Quarterly and annually

Timeliness

 Three months after the reference quarter.

Access by the Public

Advance dissemination of
release calendar

 An advance release calendar giving one-quarter-ahead notice of the approximate release date and then a week-ahead notification of the precise release date is disseminated on the Internet on the IMF's Dissemination Standards Bulletin Board at……..

Simultaneous release to all
interested parties

 Data are initially released to the public via the CBE’s website: (http://www.cbe.org.eg). A notice to this effect is published in the CBE's monthly Statistical Bulletin. These data are also disseminated in the said Bulletin, the quarterly Economic Review, and the Annual Report. These documents are available freely by the CBE, either by subscription or distribution.

Integrity

Dissemination of terms and
conditions under which
official statistics are
produced, including ...
confidentiality of individual
responses

 The data are collected by the CBE in accordance with the Central Bank and Banking System Law (No. 88, 2003) issued in June 2003 and includes a section that provides confidentiality to both banks and their clients.
The Central Bank and Banking System Law (No. 88, 2003) is available in Arabic, and a copy can be downloaded from the CBE website at: (http://www.cbe.org.eg)

Data are published by the CBE as a public service.

Identification of internal
government access to data
before release

 There is no internal government access to data prior to release.

Identification of ministerial
commentary on the occasion of
statistical releases

 There is no ministerial commentary on the occasion of statistical releases.

Provision of information
about revision and advance
notice of major changes in
methodology

 The balance of payments tables are published with notes specifying the preliminary nature of the figures for the most recent periods. Whenever methodological changes occur, they are announced when the data are disseminated in the Annual Report and the quarterly Economic Review of the CBE. Changes in methodology are also noted at the time of dissemination on the Central Bank of Egypt website: (http://www.cbe.org.eg).

Quality

Dissemination of
documentation on methodology
and sources used in preparing
statistics

 The methodology, definition, and sources are spelled out clearly at the dissemination of data. Also brief explanatory notes and definitions are in the CBE's monthly Statistical Bulletin.
(See also summary methodology)

Dissemination of ... that
support statistical cross-
checks and provide assurance
of reasonableness

 The CBE's monthly Statistical Bulletin, Annual Report and the quarterly Economic Review
provide multiple tables of the balance of payments.

 

Summary Methodology Page

Data category

Balance of Payments

National descriptor

CBE - Economic Research Department

 

Contact person

Mrs. Saher El Sherbini

Organization

Central Bank of Egypt

Economic Research Department

Phone Number

(202) 3937589

Fax Number

(202) 3904232

E-mail

 Research@cbe.org.eg

 

I.

Analytical framework, concepts, definitions, and classifications (including reference to applicable guidelines)

 

 

Most of the balance of payments data are compiled according to the Fifth Edition of the IMF’s Balance of Payments Manual .Some of the work on international reserves/investments and valuation is being implemented.

II.

Scope of the data (coverage of, e.g., institutional units, transactions and stock, commodities, industries, and geographic areas)

 

None. Data are presented on aggregate or at national level.

III.

Accounting conventions (e.g. time of recording, valuation methods)

 

Recording is made on the same day of the transaction in the same currency of that transaction. Aggregate value of transactions of the same currency effected during the month is converted into US$, using the end of month mid-point of buying and selling rates.

IV.

Nature of the basic data (e.g., administrative records, surveys censuses, combinations of these)

 

Administrative records.

V.

Compilation practices (e.g., weighting schemes, imputation methods, balancing/cross-checking techniques)

 

Compilation of data is on balancing basis. The external debt data, the capital market data on foreigner transaction, and the monetary data support statistical cross-checks.

VI.

Other aspects (e.g., seasonal adjustment, disclosure avoidance, base years, reference years, transformations from fiscal to calendar years)

 

Both fiscal and calendar years are available.