Regulatory Alerts2024-10-21
Guidance Manual for the Iraqi Balance of Payments 2024
The Central Bank of Iraq’s Statistics and Research Department issued this guidance manual to standardize the Iraqi Balance of Payments reporting in alignment with the IMF’s sixth edition. It mandates precise classification and recording of current, capital, primary, and secondary income flows across government, private sector, and household transactions. The framework requires institutions to categorize trade, services, investment returns, and transfers using standardized FOB/CIF valuations and hierarchical coding to ensure consistent macroeconomic data compilation.
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