Dominican Republic | 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
Dominican Republic
Records
63
Source
Dominican Republic | Claims on central government (annual growth as % of broad money)
1960
1961 27.88536019
1962 -8.78164557
1963 39.42857143
1964 11.93650794
1965 2.84938942
1966 0.35758071
1967 -21.85686654
1968 5.28560831
1969 -1.01620029
1970 7.45409933
1971 26.22565132
1972 6.00510722
1973 0.66225166
1974 12.12677537
1975 0.84763721
1976 -2.07140009
1977 2.69142186
1978 3.07521895
1979 4.45811093
1980 4.79522173
1981 11.50423716
1982 8.46386085
1983 7.41856955
1984 8.68237275
1985 -4.52736135
1986 0.69856765
1987 -7.51044919
1988 4.97405661
1989 -2.79804337
1990 2.03355311
1991 -7.09598062
1992 -8.89092518
1993 -1.91118841
1994 7.45864027
1995 -1.78357305
1996 0.7259592
1997 2.0916769
1998 1.53776832
1999 2.40828305
2000 2.79388149
2001 -6.75150029
2002 1.18141403
2003 1.1905975
2004 15.08350642
2005 14.97630656
2006 27.49457628
2007 6.14032513
2008 8.54300242
2009 7.79072309
2010 0.09136065
2011 2.29668731
2012 12.87849402
2013 3.84403828
2014 2.4539844
2015 7.59518754
2016 5.21245229
2017 3.13608976
2018 0.7105579
2019 5.50656116
2020 0.09005999
2021 4.32716211
2022 1.60078809

Dominican Republic | 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
Dominican Republic
Records
63
Source