## D4D Fund — Outlining the Medium-Term Priorities for the Next Phase 2025-2030

## Source details

**Canonical URL:** [D4D Fund — Outlining the Medium-Term Priorities for the Next Phase 2025-2030](https://www.imf.org/-/media/files/capacity-developement/d4d/june-2023/11-d4d-fund-phase-ii.pdf)

## Other formats

- [Markdown version](/-/media/files/capacity-developement/d4d/june-2023/11-d4d-fund-phase-ii.pdf.md)
- [Structured JSON version](/-/media/files/capacity-developement/d4d/june-2023/11-d4d-fund-phase-ii.pdf.json)

---

### Context and Drivers
- Publication: JUNE 6, 2023; author: Carol Baker, Deputy Director, IMF Statistics Department.
- Enduring demand: staple macroeconomic statistics for policymaking in core areas — inclusive growth, price stability, debt sustainability, financial stability, addressing external imbalances.
- Global forces shaping data needs: growth of digital technologies, sustainability (climate change), demographics, geopolitics.
- Fragility dynamics: as countries enter and exit fragility, their capacity development (CD) needs on statistics change.
- Standards imperative: implement methodological and dissemination standards to compile policy-relevant, reliable, and cross-country comparable data; advance data standards to foster transparency.
- Rationale: need for a successor D4D Fund to respond to evolving CD requirements.

### Medium-Term Outlook for LLMICs — Thematic Domains
- Three topical domains to support policy analysis, formulation, and risk detection:
  - 1.1 Real Sector Statistics
  - 1.2 External Sector Statistics
  - 1.3 Fiscal and Debt Reporting

### Phase II Proposed Modules and Outcomes (M1–M5)
- M1 — Building Better Macroeconomic Statistics
  - High-Frequency Indicators of Economic Activity.
  - Price Statistics (CPI, PPI, XMPI, RPPI, CPPI).
  - Strengthening National Accounts, including support in implementing 2025 SNA.
  - Strengthening balance of payments, international investment position and external debt statistics, including support in implementing BPM7.
  - Strengthening GFS/PSDS.
  - Objective: help countries compile and disseminate data in the real, external, and government finance domains to support policy analysis and detect economic risks and vulnerabilities.

- M2 — Financial Access Survey
  - Sustain and expand the FAS database which collects supply-side information on financial access and usage, useful for policymakers in designing policies to address inequality in terms of financial inclusion.

- M3 — Online Learning
  - Produce new and/or update existing courses to address the revisions to the international methodological standards (BPM7 and 2025 SNA) to be launched in 2025.
  - Produce and launch data user-oriented short videos highlighting key changes in BPM7/2025 SNA.
  - Produce and launch new courses (intermediate) to complement foundational courses, facilitate more blended learning, and for use in hybrid CD delivery.

- M4 — Advancing Data Dissemination and Use
  - Support remaining countries to implement the first tier of the IMF Data Standards framework, the enhanced General Data Dissemination System (e-GDDS), by publishing data on a National Summary Data Page (NSDP).
  - Support e-GDDS countries with an NSDP to advance to the second tier, the Special Data Dissemination Standards (SDDS).
  - Build on progress from the Japan Sub-Account (JSA)-funded Project on Improving Data Dissemination for Globally Selected Countries which commenced in 2021.
  - Develop and implement a program to strengthen CD impact monitoring (including through more systematic user outreach; and integrated across modules).

- M5 — Environmental and Climate Change Statistics
  - Help countries compile and disseminate macro-relevant environmental and climate change statistics.
  - Cover several domains that support national policy making and complement the broader IMF climate agenda.
  - CD engagements will build on lessons learnt from the existing SECO-funded pilot project; comprise country needs assessments aligned with priorities expressed by national authorities (Annex 1).
  - IMF Statistics Department is expanding its roster of short-term experts to include environmental accountants.

### M5 — Core Products / Programs (Figure 1)
- Air Emissions Accounts
- Carbon Footprints
- Mineral and Energy Accounts
- Sustainable Finance
- Physical and Transition Risk Indicators
- Environmental Taxes
- Environmental Activity Indicators
- Government Environmental Expenditures
- Energy Accounts

### Delivery Model and Principles
- Delivery model is based on 4 principles:
  - Demand-driven — aimed at meeting the most pressing needs of policymakers.
  - Grounded in internationally recognized statistical frameworks and methods.
  - Coordinated and complementary to other international development activities.
  - Leverages existing and open data sources and tools.
- Capacity development activities leverage existing IMF capacity development efforts.
- Emphasis on blended and hybrid CD delivery through expanded online learning.

### Other Considerations and Implementation Timing
- Consider extending country eligibility beyond LLMICs as a permanent feature for M1, M4, and M5 to respond to CD needs of non-LLMIC countries with statistical capacity constraints.
- Donors’ budgetary cycle influences the fundraising timeline to start D4D Fund Phase II in July 2025.
- Plan to develop integrated CD impact monitoring across modules, including systematic user outreach.

---


_Source: https://www.imf.org/-/media/files/capacity-developement/d4d/june-2023/11-d4d-fund-phase-ii.pdf_