## D4D Fund — Progress and Achievements (June 20, 2024)

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**Canonical URL:** [D4D Fund — Progress and Achievements (June 20, 2024)](https://www.imf.org/-/media/files/capacity-developement/d4d/june-2024/05-d4d-fund-2024-scm-implementation.pdf)

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### FY24 Highlights (May 2023 to April 2024)
- CD* activities: 117 – an acceleration compared to FY23 (81) with return medium-term objectives.
- Total spending: $7.1m – an increase compared to FY23 ($6.0m).
- Ad hoc advisory services: 38 – downward trend (55 in FY23), mainly on fiscal and debt statistics.
- Online courses: 27 offerings in FY24, including 2 new courses (FSIx and PPIx) – benefiting about 4,500 learners in 3 languages, a record so far in terms of offerings and yearly reach.

*Capacity development (CD) activities include multi-country training workshops/webinars and technical assistance missions.*

### CD Delivery, Budget, and Coverage
- Work plan implementation: 2/3 of work plan was implemented.
- CD Delivery FY24:
  - Technical assistance: 99 missions benefitting 52 countries.
  - Training: 18 workshops/webinars/SPOCs* benefitting 587 country representatives from 120 countries.
  - 23 Fragile and conflict-affected states were beneficiaries.
- Geographic/focus emphasis: Africa and Fragile and Conflict-Affected States identified as major beneficiaries.
- Note: SPOC: Small Private Online Course.

### Module 1 — Addressing Data Needs and Quality Concerns (M1)
- Expected vs Implemented activity counts (by topic):
  - RPPI: Expected 11 Implemented 10
  - HFI: Expected 16 Implemented 15
  - NAS: Expected 23 Implemented 22
  - ESS: Expected 27 Implemented 25
  - PSDS/GFS: Expected 41 Implemented 42
- FY24 implementation observations:
  - Steady implementation across work streams.
  - CD demand driven by return to medium term statistical work programs and objectives.
  - Coverage and accuracy of fiscal and debt statistics remain a priority.
  - Continued targeted support, especially on PSDS/GFS in FCS.
- FY24 Ad Hoc Advisory Services (percentage of total):
  - PSDS/GFS: 53
  - ESS: 34
  - RSS: 13

### Module 1 — Selected Country Results (as of end-FY24)
- Gambia: International investment position which facilitates deeper analysis of external vulnerabilities.
- Armenia, Cambodia and Jordan: New residential property price indexes to help central banks monitor financial sector vulnerabilities in the real estate sector.
- Yemen: Government finance statistics and public sector debt statistics to support fiscal policy decisions.
- Sierra Leone: Unrecorded exports estimated leading to better coverage of the current account and a significant reduction in the balance of payments net errors and omissions.
- Bhutan: Monthly indicators of economic growth estimates supported by the D4D Fund; SARTTAC supported annual and quarterly national accounts compilation (including source data).
- Georgia: Comprehensive sectorization of state-owned enterprises in government finance statistics.
- Rwanda: Monthly international reserves and foreign currency liquidity to monitor external sector developments and drive decisions.

### Module 2 — Policy-relevant Expansion (M2): Financial Access Survey (FAS)
- FAS Advisory Group:
  - Established in October 2023.
  - Inaugural meeting in November 2023 (Virtual).
  - Second meeting in April 2024 (In person in Washington DC).
- Actionable recommendations to be reflected in future FAS work program:
  - Maximize complementarity between FAS and other financial inclusion databases.
  - Use partner institutions networks to promote FAS.
  - Identify trainings on financial inclusion provided by partners and coordinate FAS trainings with them.
  - Assess differences between supply and demand side databases to understand progress and barriers to financial access.

### Module 3 — Online Learning (M3)
- Cumulative FY19–FY24 results:
  - Over 13,500 participants benefitted from 70 offerings in 9 different courses in 3 languages.
- FY24 online activity:
  - Online courses launched in FY24: CPIx, EDSx, QNA/HFIx (plus in French and Spanish).
  - Percentage of participants from FCS and LLMICs by course grouping (explicit listed sequence):
    - PSDSxGFSxBOP-IIPxNASxCPIxEDSxQNA/HFIx: 35
    - Other LLMIC: 35
    - FCS: 37
    - (Second sequence) PSDSxGFSxBOP-IIPxNASxCPIxEDSxQNAx/HFIx: 32
    - Other LLMIC: 38
    - FCS: 40
    - (Third sequence) PSDSxGFSxBOP-IIPxNASxCPIxEDSxQNAx/HFIx: 53
    - Other LLMIC: 15
    - FCS: 20
    - (Fourth sequence) PSDSxGFSxBOP-IIPxNASxCPIxEDSxQNAx/HFIx: 13
    - Other LLMIC: 10
    - FCS: 12
    - (Fifth sequence) PSDSxGFSxBOP-IIPxNASxCPIxEDSxQNAx/HFIx: 16
    - Other LLMIC: 13
    - FCS: 0
- Blended learning:
  - Total of 134 participants from 46 countries in blended workshops (2 ESS, 1 GFS).
  - Courses offered in 3 languages: English, Russian, Spanish.

### Module 4 — Statistical Information Management (SIM) and SDMX (M4)
- Objective: Advance innovative ways to integrate technological advances into statistics compilation and dissemination, with focus on Statistical Data and Metadata Exchange (SDMX) in line with recommendations in the IMF’s 10th Review of the Data Standards Initiatives.
- Emphasis: Enhancing statistical information management is a medium-term reform objective requiring IT investments.
- FY24 focus: Africa, in collaboration with the African Development Bank.

### Strategic Log Frame — Outcome Progress
- Overall: Progress towards outcomes varies across work streams; most outcomes expected to be largely or fully achieved by the end of Phase I.
- Outcomes already fully or largely achieved: Online learning, FAS and GFS (with more expected under Phase I).
- Progress status indicators (numerical sequence aligned with work streams; categories displayed as Not Achieved / Partially Achieved / Largely Achieved / Fully Achieved):
  - ESS-1: 2.5
  - NAS-HFI: 2.7
  - FAS-1: 1.2
  - FAS-2: 1.6
  - FAS-4: 143.7
  - ESS-2: 3.5
  - RPPI: 2.4
  - SIM: 3.2
  - OL: 23
  - PSDS: (included among indicators moving toward green zone)
  - GFS: (included among indicators moving toward green zone)
  - FAS-3: (listed among indicators)

*Thank you — IMF Statistics, D4D Fund.*

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_Source: https://www.imf.org/-/media/files/capacity-developement/d4d/june-2024/05-d4d-fund-2024-scm-implementation.pdf_