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Data Requirements for National Policy Needs in Turkish Economy

Data Requirements for National Policy Needs in Turkish Economy. Ertan APAYDIN MINISTRY of DEVELOPMENT General Directorate of Annual Programs and Conjunctural Evaluations. Contents. Main Administrative Bodies in the Economy , Main Policy Documents ,

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Data Requirements for National Policy Needs in Turkish Economy

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  1. Data RequirementsforNationalPolicyNeeds in TurkishEconomy Ertan APAYDIN MINISTRY of DEVELOPMENT General Directorate of Annual Programs andConjuncturalEvaluations

  2. Contents • Main AdministrativeBodies in theEconomy, • Main PolicyDocuments, • Statistics used in PolicyDocuments by theme, • Data RequirementsforNationalPolicyNeeds in TurkishEconomy.

  3. Main AdministrativeBodies in theEconomyandPolicyDocuments General Directorate of Annual Programs andConjuncturalEvaluations

  4. Main Administrative Bodies Main Bodies for Economic Policy Making and Coordination Money, Credit and Coordination Council Economic and Social Council Economic Coordination Council High Planning Council • Chairman: Prime Minister • DeputyPrime Minister • Minister of Finance-Minister of Science, Industry and Trade -Minister of Energy and National Resources, -Minister of Development, • -Minister of Economy, • Chairman:DeputyPrime Minister • Minister of Finance,-Minister of Science, Industry and Trade -Minister of Energy and National Resources, -Minister of Development, • -Minister of Economy, Representatives of -Public Institutions-Employers-Workers-Chambers of Occupation -And other Civilian Society Organizations Chairman: Deputy Prime Minister -Minister of Finance-Minister of Economy-Governor of CBRT-Undersecretaries of MoD, MoF,MoE

  5. Main Policy Documents

  6. Development Plan/Long Term Strategy Medium Term Program Medium Term Fiscal Plan SSectoral-Thematic SStrategies IInstitutional SStrategic Plans Annual Program BUDGET NNational Program Investment Program PPre-Accession Economic Pr.

  7. Tenth Development Plan(2014-2018) • Five-year documents (non rolling), • Five-year macroeconomic policies and targets, • Guides all macroeconomic, sectoraland regional policiesand implementations, • Sets the general framework of economic, social and regional indicative targets, • Based on findings of the committees formed by representatives of universities, public institutions, private sector and NGO’s, • Prepared by MoD; approved by the Parliament.

  8. Tenth Development Plan

  9. MEDIUM TERM PROGRAM (MTP) (Law No. 5018 / Art.16) • Sets priorities, macroeconomic policies, targets and projections, • 3-year documents (yearly rolling), • Program based approach, • Covers all public sector institutions, • Consistent with the Development Plan, • Prepared by MoDwith the collaboration of MoF, Treasury and CBRT in the light of views of public institutions and NGO’s, • Approved by the Council of Ministers.

  10. MEDIUM TERM FISCAL PLAN (MTFP) (Law No. 5018 / Art.16) • Institutional budget appropriation proposal ceilings, • 3-year documents (yearly rolling), • Based on Medium Term Program, • Prepared by MoF with the collaboration of MoD and Treasury, • Approved by the High Planning Council.

  11. ANNUAL PROGRAM • Sets measures to implement the policies, • Institutional responsibilities and timetable, • Prepared by MoD, • Approved by the Council of Ministers.

  12. BUDGET • Rules regarding the implementation, • Appropriations, • Revenue estimations, • Approved by the Parliament.

  13. PUBLIC INVESTMENT PROGRAM • Project based distribution of investment appropriations, • Institutional distribution of investment appropriations, • Covers whole public sector, • Indicates the total cost of all projects, as well as individual projects, • Indicates the total amount appropriated up to present of all projects.

  14. UtilisedandRequiredStatistics in Nationallevel General Directorate of Annual Programs andConjuncturalEvaluations

  15. Statistics Used in Policy Documents by Theme(1) Annual Program PEP MTP Development Plan • NationalAccounts • ForeignTradeandFactors Affecting the Foreign Trade • Balance of Payment • PublicBalances • Inflation, PriceStatisticsincludesAgricultural Crop Prices • Employment, UnemploymentandWages • Population, Demography, PovertyStatistics • Banking Sector Statistics (by BRSA) andSelected Monetary Aggregates and Items in Central Bank Balance Sheet • ICT Indicators

  16. Statistics Used in Policy Documents by Theme(2) Annual Program PEP MTP Development Plan • World EconomicIndicators, CompetitivenessRanking, Business ClimateIndicators, Patent Statistics • PurchasingPowerParity • PublicInvestment • DebtStock • SectoralDetailedStatistics • EducationandHealthStatistics • Turkey’sOfficial Development Assistance • JudicialStatistics • RegionalStatistics • Social Assistance Expenditures

  17. WHAT WE NEED?(1) • The Supply-Use and Input-Output Tables Of The Turkish Economy (1973, 1979, 1985,1990,1998,2002) No data since 2002 • Gross Domestic Product by Income Approach,No data since 2006 • GNDI,Publicandprivatesectordisposableincome, MoDstatistics • Publicandprivatesectorsavingrates,MoDstatistics • A decomposition of private saving by households and by firms, • Sectoral breakdown of private sector investments.MoD statistics-10 sectors • Greenfield FDI statistics, • Sectoral breakdown of private sector capitalstock.

  18. WHAT WE NEED?(2) • More detailed statistics, especially in national account and labor force statistics, • More Back-Casted series. • More Seasonal and Calendar Adjusted Statistics • Harmonizing statisticsbetween different data producer institutions. • Because of data privacy policy, policy makers can not reach some statistics.

  19. THANK YOU General Directorate of Annual Programs andConjuncturalEvaluations

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