METAC’s resources are available for diagnostic work to identify and design measures needed to strengthen specific aspects of economic and financial governance; preparing detailed implementation plans based on the diagnostic work conducted by TA departments at IMF Headquarters; reviewing proposals or assessments by governments and other donors for consistency with internationally agreed standards, and coordinating activities with other TA providers; providing policy and technical advice either by the Center’s own advisers or by consultants hired by METAC; and organizing training courses, seminars, workshops and dissemination of best practices.
The objectives of METAC’s work in the area of macroeconomic statistics aim at:
- Establishing and maintaining underlying basic data collection;
- Improving the quality of macroeconomic statistics;
- Promoting the use of internationally-accepted concepts and statistical methodologies; and
- Helping countries to develop compilation and dissemination procedures, including the identification of emerging data sources, data preparation and verification, and documentation of data sources and compilation methods.