## D4D Fund Work Program Implementation Progress FY26 (May 2025 –April 2026)

## Source details

**Canonical URL:** [D4D Fund Work Program Implementation Progress FY26 (May 2025 –April 2026)](https://www.imf.org/-/media/files/capacity-developement/d4d/9th-meeting/d4d-ii-implementation-progress.pdf)

## Other formats

- [Markdown version](/-/media/files/capacity-developement/d4d/9th-meeting/d4d-ii-implementation-progress.pdf.md)
- [Structured JSON version](/-/media/files/capacity-developement/d4d/9th-meeting/d4d-ii-implementation-progress.pdf.json)

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### Activities Delivered (May 2025 - April 2026)
- 84 activities delivered.
- 76 TA missions benefiting 49 countries.
- 8 workshops benefiting over 140 representatives from more than 45 countries.
- 1/2 of CD activities benefitted AFR.
- 1/3 of beneficiaries were fragile and conflict-affected states.
- 1/2 of work plan implemented.

### Regional Distribution and Activity Breakdown
- Regional distribution of CD activities:
  - Africa: 46%
  - Middle East and Central Asia: 24%
  - Asia and the Pacific: 14%
  - Others: 16%
- Activities completed by module/submodule/workstream (module share visual indicators preserved as listed):
  - Real Sector Statistics: 43%
  - Environmental and Climate Change Statistics: indicated with module counts (7/24)
  - SDMX and Data Standards: 83% (10/16)
  - Financial Access Survey: 33% (16/30)
  - Fiscal and Debt Statistics: 57% (16/34)
  - External Sector Statistics: 47% (26/46)
  - Price Statistics: 53% (1/3)
  - High Frequency Indicators: 63% (5/6)
  - National Accounts: 29% (3/7)

### Price Statistics — Selected Outcomes
- First-ever Services Producer Price Indices (SPPIs) produced and published for air transport & telecoms.
- Services account for over 63 percent of GDP.
- Country highlights:
  - PHILIPPINES: Improving GDP Measurement Through Services Producer Price Indices.
  - EGYPT: Updated PPI using 2022/23 economic census weights; new Construction Cost Index developed.
  - JORDAN: Central Bank re-launched Export & Import Price Index (XMPI) — better trade competitiveness monitoring.
  - ARMENIA, KOSOVO, KENYA: Published the first ever Residential Property Price Index (RPPI).
  - PHILIPPINES: Published an updated RPPI incorporating substantially improved methods.

### High Frequency Indicators (HFI) and Big Data — Selected Outcomes
- BANK OF UGANDA: Now generates near real-time GDP growth estimates within days of a quarter’s end; official quarterly GDP previously available 80 days after the reference quarter.
- D4D-II support implemented an automated nowcasting system integrating satellite imagery, Google Trends, mobile money data, and machine learning.
- COUNTRY HIGHLIGHTS:
  - LEBANON: Strengthened coincident indicator (central bank); improved data inputs & analytical frameworks.
  - BOLIVIA: Fully automated system for quarterly GDP by production; consolidates multiple sources; produces timely preliminary estimates of economic activity.
  - GHANA: First Monthly Indicator of Economic Growth (MIEG); new VAT database enabling time-series economic analysis; "Matched pairs pruning tool" improves data accuracy.

### National Accounts Statistics — Selected Outcomes
- SIERRA LEONE: Rebasing to 2018 increased estimated GDP level by 56.4%.
  - Non-Observed Economy (NOE) measured at 78.8% of GDP, including 64.7% from the informal sector.
  - NOE estimates measured by gender for the first time.
- OTHER HIGHLIGHTS:
  - MOZAMBIQUE: Rebasing to 2022 (from 2014) completed; Quarterly National Accounts (QNA) strengthened; preliminary backcasting to 2017.
  - HONDURAS: SNA 2025 adoption initiated; Trade & Transport Margins Survey improved.
  - VIETNAM: Institutional Sector Accounts (ISA) advanced, improved methodologies and roadmap for provisional estimates.
  - KOSOVO: Strengthened supply and use tables (SUTs) for greater coherence and comparability.

### Fiscal and Debt Statistics — Selected Outcomes
- ANGOLA: In October 2025 published first fiscal statistics fully aligned with GFSM 2014; D4D Fund supported reconstruction of historical quarterly data for 2018–2023 and resolution of complex oil-sector transactions; key government entities sectorized to expand statistical coverage beyond the budgetary central government; advanced progress toward IMF SDDS.
- OTHER HIGHLIGHTS:
  - YEMEN: First complete Statement of Government Operations compiled, enabling IMF fiscal surveillance after years of conflict.
  - UZBEKISTAN: Over 3,000 public entities classified; first Public Sector Institutional Table, SDDS progression.
  - GAMBIA & SENEGAL: Major improvements in fiscal data accuracy; previously unrecorded liabilities identified.
  - CÔTE D'IVOIRE: SOE inclusion in fiscal accounts.
  - GFS institutional frameworks established in Burkina Faso, Burundi, Chad, Congo, Zimbabwe, and others.

### External Sector Statistics — Selected Outcomes
- YEMEN: Integrated D4D-II and METAC technical support resulted in compilation of basic macroeconomic indicators, including the balance of payments; enabled IMF to resume Article IV consultations after an 11-year gap.
- OTHER HIGHLIGHTS:
  - SOMALIA: BOP statistics rebuilt; foundational capacity restored.
  - LIBERIA: Modern processing tools and methodological improvements strengthened BOP and IIP data accuracy.
  - DJIBOUTI: External debt statistics better capture actual debt service payments.
  - MADAGASCAR & NIGER: External sector frameworks improved; data gaps addressed.
  - EL SALVADOR: Improved measurement of government debt securities and real estate-related direct investments.
  - UGANDA AND UZBEKISTAN: Strengthened measurement of investment projects.

### Addressing Implementation Challenges and Strategic Approaches
- Identified implementation challenges:
  - High staff turnover
  - Limited technical skills
  - Weak IT systems
  - Competing priorities
  - Weak interagency coordination
  - Legal barriers to data sharing
  - Fragmented data ecosystems
  - Limited access to source data
  - Limited ownership by authorities
  - Challenges in securing reform buy-in
  - Weak accountability for results
  - Data gaps not systematically identified
  - Limited link between data adequacy and policy priorities
  - Weaker impact of CD on surveillance and reform
- Strategic responses and priorities:
  - Digital Tools & Online Learning: Expand use and offer in additional languages.
  - Blended CD & Stronger Missions: Increase mission staffing to support blended CD models.
  - Continuous Engagement: Provide structured, light-touch support between missions.
  - Change Management & Stakeholder Engagement: Build coordination, ownership, and adaptive leadership.
  - Innovation & Data Use: Pilot data use solutions to improve accessibility and usability.
  - Data Adequacy Assessments: Use DAA & heatmaps to link data gaps to priorities and CD planning.
- Expected results from these measures:
  - Faster Implementation
  - Stronger Ownership & Accountability
  - Better Data Use & Decision-Making
  - Sustainable Reforms & Greater Impact

### Financial Access Survey (FAS) in Action — Mobile Money Reporting
- Regional trend: Mobile money accounts now exceed traditional deposit accounts by more than 2:1 in Sub-Saharan Africa (per 100 adults).
- Country examples and outcomes:
  - COLOMBIA: Coordination across banking, insurance, and pensions data systems; integrated data within the Superintendencia Financiera.
    - 60% of pilot variables reported.
  - BOTSWANA: Coordinated model across multiple institutions; regular follow-up, clear guidance, validation, and MOUs.
    - 62% of pilot variables reported.
- Benefits:
  - More complete and comparable financial inclusion data.
  - Stronger evidence on access, usage, and outcomes to inform policies for inclusion, stability, and growth.
  - Better mobile money data can inform digital payments, identify access gaps, and support financial inclusion and payments policies.

### Building Global Statistical Capacity Through Online Learning
- Language expansion:
  - Arabic MFSx launched.
  - Arabic FSIx coming soon.
  - Broader accessibility in the MENAP Region.
- Content modernization:
  - BOP/IIPx Revision (Aligned with BPM7).
  - EDSx Revision (Aligned with BPM7).
  - Aligned with 2025 SNA Framework.
  - Both Modules Expected to Launch in FY27.
- Blended learning integration:
  - Integrated into TA missions and policy discussions; used in workshops and trainings.
- Digital reach and impact:
  - 83% of learners from LLMIICs.
  - 17% from Fragile and Conflict-Affected States (FCS).
  - 21.4K YouTube Subscribers (IMF Institute Learning Channel).
  - 132K Video Views across 298 statistics-related video clips.
  - Global reach across regions and country income groups; strengthens statistical capacity and sustained country engagement.

### Strengthening Policy-Relevant Climate and Environmental Statistics (ECCS)
- Objectives:
  - BETTER CLIMATE STATISTICS: More complete, reliable, and comparable climate data.
  - BETTER CLIMATE POLICY: Stronger analysis for informed decisions and targeted actions.
  - GREATER ECONOMIC RESILIENCE: More resilient economies and communities to climate risks.
- Integration into IMF work:
  - D4D-II Module V integrates environmental and climate statistics into IMF surveillance and Resilience and Sustainability Facility (RSF) programs.
  - Data improvements linked to policy analysis, reform priorities, and country-owned development objectives.
- Country missions and results:
  - GAMBIA: Diagnostic mission (Feb 2026) supporting the RSF program assessed data availability and institutional arrangements; identified priority sectors and resulted in a significant increase in staffing for environment statistics.
  - CHAD: ECCS recommendations embedded in IMF's Climate Policy Diagnostic (CPD) with a dedicated chapter on data.
- Workshop activity:
  - Organized with UN-SIAP on measuring disaster risks and impacts; strengthened capacity to assess climate-risk data gaps; highlighted institutional and technical challenges and solutions (coordination, interoperability, geospatial data).
- Outcome emphasis:
  - Translating data into action through surveillance and RSF-supported reforms that embed climate data improvements in national reform programs and policy frameworks.

### Introducing Flexibility for Intra-Regional Workplan Adjustments (For Endorsement)
- Proposed change:
  - Allow internal approval for minor intra-regional adjustments: reallocate or substitute activities within the same region without seeking D4D Steering Committee (SC) endorsement; approval through established internal management processes.
- Steering Committee endorsement still required for:
  - Implementing MOU with Arab Monetary Fund leveraging Regional Office in Riyadh and RCDCs.
  - Cross-regional reallocations.
  - Changes in strategic direction.
  - Material resource reallocations (through LOT process and subsequent SC approval, as applicable).
- Rationale and safeguards:
  - Balances operational flexibility with governance discipline.
  - Faster implementation within regions and better support to member countries.
  - No reduction in oversight of material changes.
  - No change to strategic objectives, overall budget envelope, or results framework.
- For discussion: Options for how the D4D Steering Committee would prefer to be informed of internally approved adjustments:
  1) As they occur (through periodic email updates)
  2) At the Mid-Year Check-In
  3) Through the Annual Progress Report

### Key Questions for Discussion
- Were the scope, content, and balance (by module and region) of the work program for FY26 / Year 1 of D4D-II appropriate?
- What are your views on the impact that the first year of D4D-II has made?

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_Source: https://www.imf.org/-/media/files/capacity-developement/d4d/9th-meeting/d4d-ii-implementation-progress.pdf_