Angola’s statistics institute publishes National Accounts once again

26 March 2014

Angola’s National Statistics Institute (INE) has once again started publishing its National Accounts as a tool to support public policies and the development of the country’s statistical systems, INE’s director-general said in Luanda Tuesday.

During an international conference due to end Wednesday, Camilo Ceita presented Angola’s National Accounts for 2002-2011 and preliminary accounts for 2012, as well as a summary of the methodology used, according to Angolan news agency Angop.

The National Accounts are an integrated set of macroeconomic accounts, balance sheets and tables based on concepts, definitions, classifications and accounting rules as set out by the United Nations System of National Accounts (SCN 1993), which reflect a country’s economy.

Ceita added that it was important to raise awareness amongst the main producers and suppliers of the basic information about the importance of National Accounts for producing appropriate macroeconomic to assess economic performance.

The conference is attended by representatives from the national statistics institutes of Mozambique, Portugal, Cabo Verde (Cape Verde), South Africa, Brazil, the International Monetary Fund and Peru.

The Angolan National Statistics Institute(INE) is an independent body set up in February 1982, which in September 1996 became a public institution with legal capacity and technical, administrative and financial autonomy. (macauhub)