Table Name | Fiji |
1.0 Contact Information | |
1.1 Name | Zarah Ithiel |
1.2 Designation (Job Title) | System Support Officer |
1.3 Organization | Ministry of Economy |
1.4 Mailing Address | P.O Box 2221, Govt. Buildings, Suva |
1.5 Country | Fiji |
1.6 Email | zarah.ithiel@economy.gov.fj |
1.7 Telephone | +679 3221 319 |
2.0 Concepts, Definitions and Scope | |
2.1 Statistical frameworks for the compilation of external debt data | 2013 External Debt Statistics Guide (2013 EDS Guide)/6th Edition of Balance of Payments and International Investment Position Manual (BPM6) |
2.2 Consistency with the external debt liabilities of the International Investment Position (IIP) | Yes |
2.3 Additional Information on Concepts, Definitions and Scope | No |
3.0 Sector Classification/Coverage | |
3.1 Data coverage for Public Sector External Debt | Partly covered, with some gaps |
3.2 Data coverage for Publicly-Guaranteed Private Sector External Debt | Not Applicable |
3.3 Data coverage for Private Sector External Debt Not Publicly Guaranteed | Not Applicable |
3.4 Data coverage for Central Government | Fully covered |
3.5 Data coverage for General Government | Partly covered, with some gaps |
3.6 Data coverage for Nonfinancial public sector | Not covered |
3.7 Data coverage for Total financial and nonfinancial public sector | Not covered |
3.8 Data coverage for General Government if reporting Table 6 (SDDS prescribed component) | Partly covered, with some gaps |
3.9 Data coverage for Central Bank if reporting Table 6 (SDDS prescribed component) | Not covered |
3.10 Data coverage for Deposit-taking corporations, except the Central Bank if reporting Table 6 (SDDS prescribed component) | Not covered |
3.11 Data coverage for Other Sectors if reporting Table 6 (SDDS prescribed component) | Not covered |
3.12 Data coverage for Other financial corporations if reporting Table 6 (SDDS prescribed component) | Not covered |
3.13 Data coverage for Nonfinancial corporations if reporting Table 6 (SDDS prescribed component) | Not covered |
3.14 Data coverage for HH and nonprofit institu. serving households (NPISHs) if reporting Table 6 (SDDS prescribed component) | Not Applicable |
3.15 Data coverage for Direct Investment: Intercompany lending if reporting Table 6 (SDDS prescribed component) | Not covered |
3.16 External debt include both foreign currency and domestic currency denominated debt instruments held by nonresidents | No -All foreign currency denominated loans are converted to Fiji Dollars using the Central Bank's published rates. |
3.17 Additional comments and explanations on Sector Classification/Coverage | i. Data only covers Central Govt debt from 2016Q3. Central Govt statistics provided is what is readily available for submission. Ii. Data as of 2016Q3 does not include private sector external debt amounts as this data is not available. |
4.0 Debt Instrument Classification/Coverage | |
4.1 Data coverage for Currency and deposits | Not Applicable |
4.2 Data coverage for Debt Securities | Partly covered, with some gaps |
4.3 Data coverage for Loans | Partly covered, with some gaps |
4.4 Data coverage for Trade credit and advances | Not Applicable |
4.5 Data coverage for Other debt liabilities | Not Applicable |
4.6 Data coverage for Special drawing rights (allocations) | Not Applicable |
4.7 Data coverage for Debt liabilities of direct investment enterprises to direct investors | Not Applicable |
4.8 Data coverage for Debt liabilities of direct investors to direct investment enterprises | Not Applicable |
4.9 Data coverage for Debt liabilities to fellow enterprises | Not Applicable |
4.10 Arrears (including interest that accrues on arrears) reported in the same debt instrument | Yes |
4.11 Arrears separately identified in the memorandum items | No |
4.12 Classification of maturity for short-term/long-term debt instruments | Original and remaining maturity |
4.13 Additional comments and explanations on Debt Instrument Classification/Coverage | 1. SDR allocations are included starting from 2011Q1. 2. 'partly covered with some gaps' indicate that data provided covers only Central Govt debt of the category/classification. |
5.0 Valuation and Basis of Recording | |
5.1 Main valuation method for debt securities (in main table) | Face Value |
5.2 Main valuation method for debt securities (in memorandum items) | Not reporting debt securities in memorandum items. |
5.3 Other methods and weights used for valuation of debt securities | None |
5.4 Basis for compiling external debt statistics | Accrual Basis |
5.5 Inclusion of accrued interest costs that are not paid | Partially - Interest costs included in the statistics are interest costs accrued but not yet payable. |
6.0 Data sources/Compiling Organizations | |
6.1 Main data source(s) for the external debt statistics | (i) CS-DRMS R721.
(ii) Ministry of Finance |
6.2 Link(s) to national website where the external debt statistics are being disseminated | External Debt Statistics in Fiji is not yet authorized to be disseminated. |
6.3 Link(s) to relevant metadata that currently exists and is consistent with your external debt statistics | None |
6.4 Primary agency responsible for compiling external debt statistics | Ministry of Finance and Fiji Bureau Of Statistics: Table 2 & 3 - MoF, and FBoS Table 1,4 & 5. |
6.5 Primary agency responsibile for disseminating external debt statistics | Ministry of Finance and Fiji Bureau Of Statistics- We compile EDS but we do not publish this information unless approval is given form the Head of Department. We do provide this data to World Bank. |
7.0 Periodicity and Timeliness | |
7.1 Frequency of external debt statistics compilation | Monthly, Quarterly, Annual |
7.2 Frequency of external debt statistics dissemination | Not at dissemination process yet. annual debt reportsare prepared and published on the ministry's web page which include external debt statistics. |
7.3 Timeliness of the publication of the external debt statistics | Standard debt reporting are performed, quarterly and annually; in addition customized debt reports are prepared as and when requested by Management. |
7.4 Additional comments on Periodicity and Timeliness | None |
8.0 Revision Policy | |
8.1 Data revision policy | Regular schedule - Revisions are performed on a monthly/quarterly basis to reflect changes to the Central Govt debt position. |
9.0 Unit of Measure | |
9.1 Unit of Measure | Data are in USD. |
10.0 Reference Period | |
10.1 Reference Period | (i) Data are available starting from 2011Q1. (ii) Data converted through generic conversion from 2003 EDS Guide/BPM5 to 2013 EDS Guide/BPM6 basis by the World Bank from 2011Q1 onwards. (iii) Country resumed reporting of data on a 2013 EDS Guide/BPM6 basis from 2016Q3 and only included public sector external debt, private sector external debt was not avialable. |
11.0 Table Reporting | |
11.1 Table 1 -Gross External Debt Position: Public and Publicly Guar. Private Sector and Private Sector Not Publicly Guar. Debt | Yes |
11.2 Table 2 - Debt-Service Payment Schedule: Public and Publicly-Guaranteed Private Sector External Debt as of End-Period | Yes |
11.3 Table 3 - Public and Publicly-Guaranteed Private Sector External Debt: by Creditor Sector | Yes |
11.4 Table 4 - Public Sector Debt and Publicly-Guaranteed Private Sector Debt: by Instrument Breakdown | Yes |
11.5 Table 5 -Public and Publicly Guar. Private Sector External Debt: Foreign Currency and Domestic Currency Denominated Debt | Yes |
11.6 Table 6 - Gross External Debt Position: by Sector (SDDS prescribed component) | Yes |
12.0 Metadata Update | |
12.1 Metadata last updated | 10/30/2017 |