Burkina Faso | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source
Burkina Faso | Claims on central government (annual growth as % of broad money)
1960
1961
1962
1.26811594 1963
0 1964
1.9138756 1965
2.65210608 1966
-9.81873112 1967
-8.5112782 1968
-17.4325214 1969
-18.32797428 1970
-6.5890645 1971
-7.01047542 1972
-10.6107807 1973
-20.73726356 1974
24.84457879 1975
-8.36279911 1976
-2.47210953 1977
12.51229865 1978
2.26508291 1979
-2.29012586 1980
9.25814574 1981
-1.53964467 1982
-10.51569789 1983
0.86436253 1984
-12.38662455 1985
-5.41129878 1986
-9.17939503 1987
-3.47286596 1988
-0.72128237 1989
-1.54750614 1990
13.76673601 1991
-0.53557842 1992
3.09656845 1993
10.0800705 1994
-7.30951122 1995
3.24074676 1996
8.97604462 1997
-0.39705143 1998
1.49747576 1999
6.59289942 2000
-4.98639899 2001
-11.96230911 2002
2.21281566 2003
-6.00232454 2004
1.39172997 2005
-7.05349548 2006
-10.65945329 2007
5.43223973 2008
3.16120543 2009
2.87763496 2010
-3.04759189 2011
-0.55568806 2012
4.01441492 2013
4.18046846 2014
-1.24487055 2015
-4.19860465 2016
5.54510844 2017
-0.209599 2018
2.46046887 2019
1.06016374 2020
-5.46264254 2021
6.23353809 2022
Burkina Faso | Claims on central government (annual growth as % of broad money)
Claims on central government (IFS line 32AN..ZK) include loans to central government institutions net of deposits. Limitations and exceptions: Monetary accounts are derived from the balance sheets of financial institutions - the central bank, commercial banks, and nonbank financial intermediaries. Although these balance sheets are usually reliable, they are subject to errors of classification, valuation, and timing and to differences in accounting practices. For example, whether interest income is recorded on an accrual or a cash basis can make a substantial difference, as can the treatment of nonperforming assets. Valuation errors typically arise for foreign exchange transactions, particularly in countries with flexible exchange rates or in countries that have undergone currency devaluation during the reporting period. The valuation of financial derivatives and the net liabilities of the banking system can also be difficult. The quality of commercial bank reporting also may be adversely affected by delays in reports from bank branches, especially in countries where branch accounts are not computerized. Thus the data in the balance sheets of commercial banks may be based on preliminary estimates subject to constant revision. This problem is likely to be even more serious for nonbank financial intermediaries. Statistical concept and methodology: The banking system's assets include its net foreign assets and net domestic credit. Net domestic credit includes credit extended to the private sector and general government and credit extended to the nonfinancial public sector in the form of investments in short- and long-term government securities and loans to state enterprises; liabilities to the public and private sectors in the form of deposits with the banking system are netted out. Net domestic credit also includes credit to banking and nonbank financial institutions. Domestic credit is the main vehicle through which changes in the money supply are regulated, with central bank lending to the government often playing the most important role. The central bank can regulate lending to the private sector in several ways - for example, by adjusting the cost of the refinancing facilities it provides to banks, by changing market interest rates through open market operations, or by controlling the availability of credit through changes in the reserve requirements imposed on banks and ceilings on the credit provided by banks to the private sector.
Publisher
The World Bank
Origin
Burkina Faso
Records
63
Source