Fiji | 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
Republic of Fiji
Records
63
Source
Fiji | Claims on central government (annual growth as % of broad money)
1960
1961
1962 -0.16451578
1963 2.21779308
1964 3.22441837
1965 0.57492002
1966 1.64437451
1967 -1.29700728
1968 2.27956789
1969 7.20089958
1970 -4.25705284
1971 2.87614349
1972 2.55495602
1973 -14.79040088
1974 4.80912983
1975 -0.99334645
1976 4.03292008
1977 1.57694061
1978 7.03790548
1979 2.36595883
1980 -2.4580057
1981 -0.93086343
1982 5.20819974
1983 -1.38635823
1984 -0.99788497
1985 0.05173848
1986 3.73748193
1987 5.89561415
1988 -12.0009074
1989 1.44242375
1990 -1.17516294
1991 2.48234989
1992 2.45586854
1993 -0.25318288
1994 -2.51942139
1995 -0.45804555
1996 -0.52979933
1997 -0.12261805
1998 -0.23783489
1999 -0.16967887
2000 4.64785072
2001 -18.6740488
2002 9.79745147
2003 10.48211255
2004 -1.23077449
2005 5.4246436
2006 2.43930556
2007 -1.61413325
2008 -3.22337373
2009 3.66559279
2010 -2.82832278
2011 -1.67799895
2012 -2.05658015
2013 -0.43053395
2014 0.38149462
2015 -0.05950891
2016 -2.60375424
2017 -2.71335045
2018 2.56333723
2019 0.63192443
2020 3.68802428
2021 3.09365139
2022

Fiji | 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
Republic of Fiji
Records
63
Source