Direct Reporting of Private Sector Cross-Border Financial Flows and Stocks in Selected African Countries

Private cross-border financial flows and stocks have grown to account for an increasingly significant part of overall transactions and positions in many African countries. Direct reporting through enterprise surveys has becomes a key data source to enable these floes and shocks to be measured accurately. This paper describes a multi-year IMF technical assistance project to establish direct reporting in six African countries (The Gambia, Ghana, Kenya, Mauritius, Mozambique, and Nigeria).