Public Information Notice: IMF Executive Board Reviews Data Standards Initiatives

Fifth Review:

Data Quality Assessment Framework and Data Quality Program

Joint Supplementary Paper
The General Data Dissemination System and the Millennium Development Goals

Supplement on the Government Finance Statistics Manual 2001
Adjusting the Special Data Dissemination Standard Requirements for the Fiscal Sector

Reviews of the Fund's Data Standards' Initiatives

Special Data Dissemination Standard (SDDS)

General Data Dissemination System (GDDS)

Data Quality Reference Site (DQRS)

Fifth Review of the Fund's Data Standards' Initiatives

Prepared by the Statistics Department

In consultation with other departments

June 18, 2003

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Executive Summary


  1. Introduction
  2. The Special Data Dissemination Standard (SDDS)
    1. Overall Trends and Developments
    2. Update Since the Fourth Review
         Experience with Implementing New Data Categories
         Impact of the SDDS Subscription on Capital Market Access
         DSBB Enhancements
         Expanding SDDS Subscription: The 25/50 Program
    3. Proposed Modifications to the SDDS
         Fiscal Data
         Financial Soundness Indicators (FSIs)
         Inflation Targeting Indicators
  3. The General Data Dissemination System (GDDS)
    1. Impact of the GDDS
    2. Millennium Development Goals (MDGs) in the GDDS
    3. Future Directions in Managing the GDDS
  4. The Data Quality Program (DQP)
    1. The Data Standards and the DQAF
    2. ROSCs
    3. Promotion of Good Statistical Practices
    4. Collaboration With Other Organizations
  5. Resource Issues
  6. Issues for Discussion
    1. Concerning the Overall Strategy for Promoting Data Transparency
    2. Concerning the Modification of the SDDS for Fiscal Data
    3. Concerning Inflation Targeting Indicators
    4. Concerning the Enhancement of the GDDS to Promote the Availability of Statistical Data to Compile MDG Indicators
    5. Concerning Prioritization for ROSC Updates and Undertaking New ROSCs
    6. Concerning a Compendium on Good Statistical Practices
    7. Concerning the Timing of the Next Review of the Fund's Data Standards Initiatives


  1. SDDS Indicators
  2. Implementation of the IIP Data Category


  1. Number of SDDS Subscribers and GDDS Participants
  2. Number of Outstanding SDDS Transition Plans


  1. Establishment of the Fund's Data Standards
  2. New SDDS Subscribers Since June 2001
  3. New Ways to Look at DSBB Content
  4. GDDS-Making a Difference
  5. Experience with the Data Module of the ROSC


  1. Executive Board Discussions on the Fund's Data Standards' Initiatives and Related Topics: Key Conclusions
  2. DDS Subscribers as of end-May 2003
  3. GDDS Participants as of end-May 2003
  4. Countries Having Participated in the Data Module of the ROSC as of June 3, 2003