National statistical agencies must measure informal economy – IMF
Fund outlines new framework for informal economy consistent with GDP methodology
The International Monetary Fund is urging national statistical agencies to gather information on the informal economy.
As part of a new research exercise, the IMF notes the policy implications of the informal economy “make it imperative that reliable estimates are available on a regular basis and in a timely manner”.
The Covid-19 pandemic, the IMF says, has exacerbated the need to understand the effect crises have on informal workers, who have been shown to be more vulnerable. Such workers are
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