## D4D Fund Phase II: First Work Plan (May 2025–October 2026)

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### Executive summary and strategic intent
- The first work plan of Phase II of the Data for Decisions Fund (D4D-II) is an 18-month program building on Phase I to strengthen national statistical systems in low- and lower-middle-income countries (LLMICs) and in fragile and conflict-affected states (FCS).
- Selected modules will tap Big Data to enhance the timeliness, granularity, and policy relevance of macroeconomic indicators.
- The work plan is anchored in a strategic results framework and aligns with the IMF global policy agenda and priorities.
- The IMF seeks endorsement of the 18-month work plan as D4D-II’s strategic commitment to empowering countries with better data for policymaking.

### Financial situation and budget
- Total D4D-II envelope required over five years (May 2025 – April 2030): $45 million.
- Budget proposed for the 18-month first work plan (FY 2026-27Q2, May 2025 to October 2026): $12.2 million.
- Partner contributions secured as of June 2025: $14.3 million; amount already received: $6.1 million.
- Fundraising will continue to close the remaining gap to meet the $45 million envelope.
- D4D-II budget increase relative to D4D-I (around $33 million) reflects folding of two existing bilateral projects into the multi-partner vehicle.
- D4D-II initial budget required to implement full-fledged 18-month work plan: $12,240,478.
- Module-level budget highlights (Annex III):
  - M1 (Addressing Data Needs and Quality Concerns) allocations:
    - RSS: $20.7 million
    - ESS: $7.2 million
    - GFS/PSDS: $5.2 million
    - Additional M1 allocation line: $8.3 million
  - M2 (FAS): $3.5 million
  - M3 (Online Learning): $5.4 million
  - M4 (Data Dissemination and Use) total: $5.2 million (Data Standards: $3.6 million; SDMX: $1.3 million; Data Use: $0.3 million)
  - M5 (Environmental and Climate Change Statistics): $5.8 million

### Objectives and priorities
- Primary objective: build robust macroeconomic and financial statistics to inform fiscal and monetary policy, support fiscal consolidation, and enhance debt sustainability analysis.
- Facilitate harmonization and integration of innovative tools, including digital tools and AI applications in data processing, and integration of climate and gender data into national accounts and financial frameworks.
- Address emerging needs arising from digitalization, climate transition, and financial inclusion.
- Promote data transparency and dissemination via SDMX and National Summary Data Pages (NSDPs).
- Use an impact-oriented strategic log frame based on the IMF’s Results-Based Management framework with semi-annual progress reviews.

### Delivery modalities and coordination
- Activities delivered through in-person, remote, and blended modalities tailored to country needs and absorptive capacity.
- CD modalities will complement field-based CD via Regional Capacity Development Centers (RCDCs) and coordination with development partners (World Bank, regional development banks, UN agencies).
- Emphasis on measurable outcomes, with each project defining outcomes reviewed semi-annually.

### Module-level overview — key activities and country engagement

- Module 1 — Addressing Data Needs and Quality Concerns (Real Sector, ESS, GFS/PSDS)
  - Real Sector (national accounts, HFIs, prices):
    - Country GDP rebasing/benchmarking engagements to start or continue: Angola, Bhutan, Bolivia, Honduras, Mozambique, Papua New Guinea, Timor-Leste.
    - Additional national accounts activities: Kosovo (supply and use tables), Cambodia (supply-and-use tables and rebasing), Lebanon/Philippines/Vietnam (institutional sectoral accounts), Sierra Leone (employment and remuneration matrices by gender), Syria and Yemen (national accounts and price statistics programs).
    - Note: Among LLMICs, only 15 percent has undertaken a GDP benchmarking/rebasing within the last five years.
  - High-frequency indicators (HFIs):
    - HFIs provide timely insights to improve short-term decision-making versus quarterly/annual data.
    - TA missions delivered to seven countries, with eight placeholder countries for emerging requests.
    - Planned Monthly Index of Economic Growth (MIEG) development for Bolivia, Cabo Verde, Lebanon, and Sri Lanka.
    - Ghana and Rwanda: continued support to identify non-traditional data sources for MIEG; Central African Republic: assistance to sustain index compilation and user communication.
    - HFIs include industrial production indexes, MIEG, composite leading and sentiment indicators.
  - Prices workstream:
    - Topical areas: CPI, Producer Price Indices (PPIs), Export-Import Price Indices (XMPIs), Residential Property Price Index (RPPI), Commercial Property Price Index (CPPI).
    - 30 CD activities planned during 18 months: 19 country activities, 3 regional workshops (WHD, AFR x2), and 8 placeholders.
    - Three in-person training workshops: two on RPPI (WHD and AFR) and one on the CPI (AFR).
    - First-time RPPI prioritized for Bangladesh, Kosovo, Kenya, and Uzbekistan.
    - New PPIs planned for Egypt, Lebanon, Pakistan, and Tunisia; support for Philippines and India on PPIs for selected services.
    - CPI TA planned for Bhutan (continuation) and Zambia (new request); targeted CD to FCS: Lebanon (new PPI), Syria (CPI needs assessment and staff training), Kosovo (new RPPI).
  - External Sector Statistics (ESS):
    - Objective: improve BOP, IIP, reserve assets, external debt, and cross-border investment statistics.
    - Planned activities: thirty-three planned activities (32 TA missions and 2 thematic workshops).
    - Follow-up TA to D4D-I countries: Bangladesh, Comoros, Djibouti, El Salvador, Ghana, Guinea-Bissau, Iraq, Liberia, Madagascar, Mauritania, Morocco, Mongolia, Niger, Somalia, Tanzania.
    - Yemen: two missions to resume BOP compilation and dissemination; Syria: diagnostic mission and targeted training.
    - Eleven placeholder missions included.
  - Fiscal and Public Debt Statistics (GFS/PSDS):
    - Work plan: total of 45 country-specific CD activities (25 core baseline; 20 provisionally designated).
    - Expanded scope to include country baseline data quality assessments supporting revised IMF Data Quality Assessment Framework starting FY 2026.
    - Regional joint missions with AFRITAC Central, AFRITAC South, AFRITAC West, Caucasus, Central Asia, Mongolia RCDC, and Middle East RTC.
    - Follow-up TA planned for Angola, Bhutan, Republic of Congo, Côte d'Ivoire, The Gambia, Mali, Mongolia, Morocco, Mozambique, Papua New Guinea, Senegal, Uzbekistan, Yemen.
    - Missions to Angola, Cameroon, Côte d'Ivoire, Namibia, and Senegal to implement recommendations from Japan-funded PSDS data quality assessments.
    - Nepal, Pakistan, and Syria included under GFS and PSDS work plan for the first time.

- Module 2 — Financial Access Survey (FAS)
  - Sustain expansion of financial inclusion data and the FAS database; expand gender-disaggregated and digital finance indicators.
  - Workshops planned during first 18 months:
    - Three workshops: two in-person (APD and MCD regions) and one multi-regional virtual workshop.
    - APD Regional Workshop: one-week in-person in February 2026, targeting 18 D4D-eligible countries including six Pacific Island nations: Kiribati, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, Vanuatu.
    - MCD Regional Workshop: one-week in-person in October 2026 targeting D4D-eligible countries with focus on FCS and reporting-challenged countries.
    - Multiregional Virtual Workshop: planned for July 2026.
  - Coverage targets (Strategic Log Frame):
    - Small and medium enterprises participation increased from 113 to up to 130.
    - Gender-disaggregated data participation increased from 83 to up to 95.
    - At least 20 percent of participating LLMICs provide additional gender-disaggregated data series (from 15 to at least 20 series).
    - At least one third of participating LLMICs provide additional fintech-enabled series (from 9 to up to 20).

- Module 3 — Online Learning
  - Complete rollout of 12-course online learning curriculum in English, French, Spanish during D4D-I.
  - D4D-II priorities:
    - Update select courses to reflect BPM7 and SNA2025: BOP/IIPx and EDSx.
    - Develop micro-learning videos introducing BPM7 and SNA2025 concepts.
    - Translate FSIx and MFSx into Arabic; translate two courses into Arabic to expand access in Middle East and Central Asia.
    - Targets (Strategic Log Frame): at least four courses updated; at least four new courses developed; at least two short user-oriented courses launched; certification used as entry requirement; all courses translated in at least two additional languages; reach at least 500 participants on average per online course; at least 75 percent of courses translated into Arabic.

- Module 4 — Data Dissemination and Use (Data Standards, SDMX, Data Use)
  - Purpose: advance IMF agenda on data transparency and digital innovation; expand adoption of SDMX and modern dissemination techniques.
  - Submodule Data Standards: no activity proposed in first 18 months due to ongoing JSA-funded project through June 2026.
  - Submodule SDMX:
    - Regional focus: sub-Saharan Africa, leveraging AfDB and World Bank partnership.
    - Four objectives: strengthen data governance frameworks; enhance metadata using WB Metadata Editor; help agencies adopt AfDB’s Open Data Portal (ODP 2.0), SDMX-compliant; promote open data licensing.
    - Workshops: three in sub-Saharan Africa during FY 2026-27Q2 with AfDB and WB collaboration:
      - Participate in AfDB/UNECA/AU workshop in July 2025.
      - Participate in SADC workshop in November 2025.
      - Host workshop at IMF’s Africa Training Institute in December 2025.
    - Bilateral CD: expected around three countries in first 18 months; first TA mission planned for Uganda.
    - Anticipated outcomes: enhanced dissemination portals, automated NSDP updates, improved accessibility and usability of statistics, increased "AI ready" data for tools like StatGPT.
    - Budget implication for Module 4: $0.47 million (Table 11, No. 6).
  - Submodule Data Use: no dedicated activity proposed in first 18 months; data use awareness to be integrated into regional trainings; data use analytics upscaled in next work plan depending on fundraising.

- Module 5 — Environmental and Climate Change Statistics
  - Renewed emphasis on compiling macro-relevant environmental and climate statistics aligned with international standards (SNA2025, BPM7, upcoming GFS Manual, MFSM, SEEA).
  - Modest start reflecting Switzerland-funded pilot supporting ten countries (including seven D4D-eligible countries) through April 2026.
  - Planned TA missions for FY 2026 - FY 2027 Q2: Morocco, Pakistan, Uganda; Benin and The Gambia under consideration; an IMF workshop planned with UNSIAP and KOSTAT.
  - Outcomes targets (Annex III):
    - New vintage Air Emissions and/or Energy and/or Other Environmental Accounts developed and disseminated in at least 10 countries.
    - New vintage physical and/or transition risk indicators developed and disseminated in at least 10 countries.
    - New vintage climate expenditures, subsidies and/or finance series developed and disseminated in at least 10 countries.

### Implementation sequencing and regional focus
- First work plan will intensify support to the MCD region while continuing D4D-I activities.
- A workshop for MCD on SNA2025 implementation will be organized to develop follow-up TA work plans and enable TA requests for FY 2026-27.
- Collaboration with IMF’s Middle East Regional Technical Assistance Center to support Syria and Yemen.

### Monitoring, partnerships, and risk management
- An impact-oriented strategic log frame (Annex I) will guide program monitoring, with semi-annual reviews to ensure impact and accountability.
- Close cooperation with IMF Area Departments and external partners is essential to prioritize and execute activities cost-efficiently.
- Implementation projections subject to moderate uncertainty about the pace of implementation; fundraising will continue during implementation to meet the full D4D-II envelope.
- Governance and operational controls (Annex III):
  - Steering Committee (SC) provides strategic guidance; SC composed of Contributors and the IMF.
  - SC decisions by consensus; lapse-of-time decision-making period: 15 days.
  - SC meets annually (usually in June) and virtually halfway in the year (usually in January); Chair and Vice-Chair one-year terms.
  - An 18-month work plan distributed three weeks before the relevant SC meeting; SC endorses changes to objectives and budget changes above specified thresholds.
  - IMF provides annual report to SC, Technical Assistance Reports, High-Level Summaries, and external independent evaluations subject to SC endorsement of terms of reference.

### Key measurable targets and indicators (selected)
- At least six countries develop and release one of: monthly indicator of economic growth, composite indicators, sentiment indicators, or monthly activity indicators (HFIs).
- New rebased national accounts in at least 10 countries.
- New or revised quarterly measures of economic activity in at least two countries.
- New or revised estimates of non-observed economy or digital economy in at least five countries.
- For price statistics: first time or new vintage price index in at least 12 countries; expanded coverage/metadata targets for subsets of those countries.
- ESS targets: at least 15 countries develop and use new surveys/source data; at least ten countries implement or plan to implement BPM7; at least 15 countries compile quarterly IIP with timeliness per e-GDDS/SDDS.
- GFS/PSDS targets include multiple coverage, timeliness, reconciliation, and dissemination targets, many with thresholds of at least 5, 10, 15 countries or "at least 15 percentage points increase" in post-test scores for training.
- FAS coverage targets: small and medium enterprises participation up to 130 (from 113); gender data participation up to 95 (from 83); fintech-enabled series from 9 up to 20; FAS data featured in IMF country reports increased from an average of 8 to up to 15 per year.
- Module 4 dissemination targets:
  - NSDP dissemination for at least 25 percent of countries that did not have NSDPs at start.
  - At least 20 percent of eligible countries advance to SDDS and adopt SDMX.
  - Dissemination portal enhanced in at least five AFR countries.
  - Move from PDF to modern techniques in at least three non-AFR countries.
  - NSDP datasets refreshed automatically in at least eight countries.
  - Staff capacity target: minimum ten percentage points increase in average post-test score versus pre-test for multi-country training.

*Source: IMF Statistics Department, D4D Fund Phase II First Work Plan (May 2025–October 2026) — Executive Summary and Annexes.*

### EXECUTIVE SUMMARY __________________________________________________________________________ 5

### D4D Fund Phase II: First Work Plan (May 2025–October 2026) — Executive Summary

### Executive summary and strategic intent
- The first work plan of Phase II of the Data for Decisions Fund (D4D-II) is an ambitious 18-month program building on Phase I to strengthen national statistical systems in low- and lower-middle-income countries (LLMICs) and in fragile and conflict-affected states (FCS).
- Selected modules will tap Big Data to enhance the timeliness, granularity, and policy relevance of macroeconomic indicators.
- The work plan is anchored in a strategic results framework and aligns with the IMF global policy agenda and priorities.
- The IMF seeks endorsement of the 18-month work plan as D4D-II’s strategic commitment to empowering countries with better data for more informed policymaking.

### Financial situation and budget
- Total D4D-II envelope required over five years (May 2025 – April 2030): $45 million.
- Budget proposed for the 18-month first work plan (FY 2026-27Q2, May 2025 to October 2026): $12.2 million.
- Partner contributions secured as of June 2025: $14.3 million; amount already received: $6.1 million.
- Fundraising will continue to close the remaining gap to meet the $45 million envelope.
- The D4D-II budget increase relative to D4D-I (around $33 million) mainly reflects the folding of two existing bilateral projects into the multi-partner vehicle.

### Objectives and priorities
- Primary objective: build robust macroeconomic and financial statistics that inform fiscal and monetary policy decisions, support fiscal consolidation, and enhance debt sustainability analysis.
- Facilitate harmonization and integration of innovative tools, including digital tools and AI applications in data processing, and integration of climate and gender data into national accounts and financial frameworks.
- Address emerging needs arising from digitalization, climate transition, and financial inclusion.
- Promote data transparency and dissemination via modern tools such as SDMX and National Summary Data Pages (NSDPs).
- Use an impact-oriented strategic log frame based on the IMF’s Results-Based Management framework with semi-annual progress reviews.

### Delivery modalities and scope
- Activities delivered through in-person, remote, and blended modalities tailored to country needs and absorptive capacity.
- CD modalities will complement field-based CD via Regional Capacity Development Centers (RCDCs) and coordination with development partners (World Bank, regional development banks, UN agencies).
- Emphasis on measurable outcomes, with each project defining outcomes reviewed semi-annually.

### Module-level overview (initial work plan)
- Module 1 — Addressing Data Needs and Quality Concerns
  - Focus areas: national accounts benchmarking and rebasing, high-frequency indicators (HFIs), price indicators, external sector statistics (ESS), and fiscal and public debt statistics (GFS/PSDS).
  - Will advance ongoing projects and engage additional beneficiary countries to meet emerging demand.
  - Activities include use of administrative data and Big Data, redesigned household and business surveys, development/update of business registers, improved measurement of the informal and digital economies, supply and use tables, and sectoral accounts.
  - Country engagements to start or continue GDP rebasing: Angola, Bhutan, Bolivia, Honduras, Mozambique, Papua New Guinea, Timor-Leste.
  - Additional country-specific activities: Kosovo (supply and use tables), Cambodia (supply-and-use tables and rebasing), Lebanon/Philippines/Vietnam (institutional sectoral accounts), Sierra Leone (employment and remuneration matrices by gender), Syria and Yemen (national accounts and price statistics programs).
  - Note: Among LLMICs, only 15 percent has undertaken a GDP benchmarking/rebasing within the last five years.
- Module 2 — Financial Access Survey (FAS)
  - Sustain expansion of financial inclusion data and the FAS database.
  - Deliver in-person and virtual regional workshops; planned workshops in Asia-Pacific and Middle East and Central Asia.
  - Address persistent data reporting gaps and expand coverage of gender-disaggregated and digital finance indicators.
- Module 3 — Online Learning
  - Update select courses to reflect new international standards (e.g., national accounts, balance of payments).
  - Translate two courses into Arabic to expand access in Middle East and Central Asia.
  - Build on the foundational online curriculum completed under Phase I.
- Module 4 — Data Dissemination and Use
  - Begin SDMX implementation in sub-Saharan Africa leveraging partnership with the African Development Bank and the World Bank.
  - Data Standards submodule activities are deferred to future work plans because of an ongoing Japan-funded project on data standards through April 2026.
  - Focus on operationalizing modern dissemination techniques for macro-financial datasets published on NSDPs using SDMX.
- Module 5 — Environmental and Climate Change Statistics
  - Renewed emphasis on compiling macro-relevant environmental and climate change statistics aligned with international standards.
  - Modest start reflecting the ongoing Switzerland-funded pilot supporting ten countries (including seven D4D-eligible countries) through April 2026.

### Implementation sequencing and regional focus
- The first D4D-II work plan will intensify support to the MCD region while continuing activities initiated under D4D-I.
- A workshop for the MCD region on the implementation of the System of National Accounts 2025 (SNA2025) will be organized to develop follow-up TA work plans and enable countries to request TA for FY 2026-27.
- Collaboration with the IMF’s Middle East Regional Technical Assistance Center will support Syria and Yemen.

### Monitoring, partnerships, and risk management
- An impact-oriented strategic log frame (Annex I) will guide program monitoring, with semi-annual reviews to ensure impact and accountability.
- Close cooperation with IMF Area Departments and external partners is essential to prioritize and execute activities cost-efficiently.
- Projections are subject to moderate uncertainty about the pace of implementation; fundraising will continue during implementation to meet the full D4D-II envelope.

*Source: IMF Statistics Department, D4D Fund Phase II First Work Plan (May 2025–October 2026) — Executive Summary.*

### 17.      High-frequency indicators (HFIs) offer crucial and timely insights into economic activity,

### d4d-fund-phase-ii-first-work-plan-may-2025-october-2026 - 17.      High-frequency indicators (HFIs) offer crucial and timely insights into economic activity,

### High-frequency indicators (HFIs): purpose and approach
- HFIs provide crucial and timely insights into economic activity, facilitating improved short-term decision-making and policy adjustments compared to quarterly or annual data.
- The workstream supports development or enhancement of HFIs, especially for countries lacking sufficient economic indicators.
- Focus areas:
  - Identifying and leveraging existing data sources.
  - Implementing international standards for HFI compilation.
  - Refining current methodologies.
  - Recognizing the significant role of nontraditional data sources, such as Big Data, in enhancing economic indicators.
- Capacity-building modalities:
  - Country missions to equip authorities with knowledge to understand and apply essential standards and methodologies for effective HFI development.
  - Provision of CD on Quarterly National Accounts (QNA) if conditions for developing monthly indicators do not readily exist.

### Planned HFI technical assistance and outputs
- TA delivery scope:
  - TA missions will be delivered to seven countries, with an additional eight placeholder countries to address emerging requests for HFI development.
  - Development of a Monthly Index of Economic Growth (MIEG) is planned for Bolivia, Cabo Verde, Lebanon, and Sri Lanka.
  - Ghana and Rwanda will receive assistance to continue identifying non-traditional data sources for inclusion in MIEG compilation.
  - Central African Republic will be assisted to ensure the continued index compilation process and communication with users.
  - Eight placeholders enable agile response to emerging needs.
- Indicator coverage:
  - HFIs include a range of monthly indicators, including industrial production indexes, MIEG, as well as composite leading and sentiment indicators.
  - Within the national accounts framework, emphasis is on MIEGs and industrial production indexes.

### Prices workstream: scope and country engagements
- Rationale:
  - Price statistics are fundamental to policymaking on inflation, financial stability, and economic growth; include CPI, property price indices, PPIs, and XMPIs.
- Topical areas under D4D-II:
  - The CPI;
  - The Producer Price Indices (PPIs) and Export-Import Price Indices (XMPIs);
  - The property price indices including the Residential Property Price Index (RPPI) and Commercial Property Price Index (CPPI).
- Planned CD activity counts and formats:
  - A total of 30 CD activities are planned for the 18-month period, including 19 activities for named countries (some countries requested more than one activity), three regional workshops (WHD, AFR x2), and eight placeholders.
  - Delivery through a combination of TA missions and regional training, with some regional trainings using blended learning and new online courses.
  - Three in-person training workshops planned: two on the RPPI (WHD and AFR) and one on the CPI (AFR).
- Country- and topic-specific plans:
  - First-time RPPI development prioritized for Bangladesh, Kosovo, Kenya, and Uzbekistan; Bangladesh and Kosovo have identified data sources and are implementing recommended methods.
  - Projects to establish new PPIs for Egypt, Lebanon, Pakistan and Tunisia.
  - Support to Philippines and India to develop new PPIs for selected services activities.
  - CPI TA planned for Bhutan (continuation of D4D-I) and Zambia (new request).
  - Targeted CD to FCS: Lebanon (new PPI), Syria (CPI needs assessment and staff training), Kosovo (new RPPI); regional RPPI training to include South Sudan, Democratic Republic of Congo and Somalia.

### External Sector Statistics (ESS): objectives and workplan
- Objective:
  - Equip policymakers with comprehensive, timely, and internationally comparable balance of payments, IIP, reserve assets, external debt, and cross-border investment statistics to monitor external risks and financial vulnerabilities.
- Key goals:
  - Enhance staff capacity, data coverage, sound data sources and techniques, timeliness, and consistency across ESS and macroeconomic datasets.
  - Support countries in producing new datasets, adopting statistical standards, and increasing participation in the IMF’s Coordinated Direct Investment Survey and Coordinated Portfolio Investment Survey.
  - Assist adoption of BPM7 updates, particularly for integrated IIP compilation.
- Planned activities and counts:
  - The work plan includes thirty-three planned activities, comprising 32 TA missions and two thematic workshops.
  - Follow-up TA to D4D-I countries: Bangladesh, Comoros, Djibouti, El Salvador, Ghana, Guinea-Bissau, Iraq, Liberia, Madagascar, Mauritania, Morocco, Mongolia, Niger, Somalia, and Tanzania.
  - Two missions planned for Yemen to resume BOP compilation and dissemination.
  - A diagnostic mission and targeted country training planned for Syria.
  - Eleven placeholder missions included for flexibility.
  - Two thematic workshops to support BPM7 implementation and integrated IIP compilation.

### Fiscal and Public Debt Statistics (GFS/PSDS): challenges and targets
- Context:
  - Despite D4D-I progress, LLMICs face institutional challenges that hinder timely, high-quality fiscal and debt statistics—issues are pronounced in FCS and resource-constrained countries.
- Intended outcomes (aligned with IMF Results-Based Management framework):
  - Staff capacity increased;
  - Source data adequate;
  - Methodological standards/guidelines adopted;
  - Data periodicity, timeliness, and consistency improved;
  - Data and metadata accessibility improved.
- Workplan scale and modality:
  - The proposed GFS and PSDS work plan comprises a total of 45 country-specific CD activities for the first 18-month D4D-II work plan: 25 core baseline activities and 20 provisionally designated to meet additional or emerging CD demands.
  - CD tailored to country needs and absorption capacity.
  - Expanded scope to include country baseline data quality assessments supporting the implementation of the revised IMF Data Quality Assessment Framework starting in FY 2026.
  - Implementation through hybrid, remote, and in-person modalities, coordinated through RCDCs and partnerships with other CD providers.
- Regional and country follow-ups:
  - Joint missions planned with AFRITAC Central, AFRITAC South, AFRITAC West, the Caucasus, Central Asia, and Mongolia RCDC, and the Middle East RTC.
  - Follow-up TA engagements planned for Angola, Bhutan, Republic of Congo, Côte d'Ivoire, The Gambia, Mali, Mongolia, Morocco, Mozambique, Papua New Guinea, Senegal, Uzbekistan, and Yemen.
  - Missions to Angola, Cameroon, Côte d'Ivoire, Namibia, and Senegal to support implementation of recommendations from the Japan-funded PSDS data quality assessments.
  - Nepal, Pakistan, and Syria included under GFS and PSDS work plan for the first time.

### Module II: Financial Access Survey (FAS) activities
- Workshops planned during first 18 months of D4D-II:
  - Three workshops: two in-person (APD and MCD regions) and one multi-regional virtual workshop.
  - APD Regional Workshop: one-week in-person in February 2026, targeting 18 D4D-eligible countries in the region, including six Pacific Island nations: Kiribati, Papua New Guinea, Samoa, Solomon Islands, Timor-Leste, and Vanuatu.
  - MCD Regional Workshop: one-week in-person in October 2026 targeting D4D-eligible countries in the region, with focus on FCS and countries facing reporting challenges.
  - Multiregional Virtual Workshop: planned for July 2026, open to both D4D-eligible and non-eligible countries.
- Workshop focus:
  - Improve data quality, reporting coverage, and usage for financial inclusion policymaking.
  - Cover FAS questionnaire modules including gender, digital finance, and small and medium enterprises.
  - Present concrete examples of FAS data use, financial health topic, FAS pilot results, and potential questionnaire revisions based on pilot lessons.
  - Emphasize peer learning on supply-side financial inclusion data collection and usage.

### Module III: Online Learning updates
- Curriculum status:
  - Complete rollout of the 12-course online learning curriculum in English, French and Spanish during D4D-I.
- D4D-II priorities:
  - Course updates and translation into additional languages to support blended learning across Module I work programs.
  - Update two courses to reflect new international standards (BPM7 and SNA2025): BOP/IIPx and EDSx.
  - Develop micro-learning videos to introduce new concepts from BPM7 and SNA2025.
  - Translate FSIx and MFSx into Arabic in this work plan cycle to enhance accessibility for LLMICs and FCS.

*IMF Statistics Department — D4D Fund Phase II First Work Plan, May 2025–October 2026.*

### 40.      Module 4 will advance the IMF’s agenda on data transparency and digital innovation by

### Module 4: Data dissemination and use — advancing data transparency and digital innovation

### Overview
- Purpose: Advance the IMF’s agenda on data transparency and digital innovation by supporting the Data Standards Initiatives and expanding adoption of the SDMX standard, centering on data dissemination and use and addressing key recommendations from the D4D-I external evaluation.
- Structure: Three submodules — Data Standards, SDMX, and Data Use.
- Alignment: In alignment with global efforts to promote data as a public good; focuses on dissemination and use to enhance transparency, accessibility, and serviceability of statistics.

### Submodule: Data Standards
- Given the extension of the JSA-funded project on Data Standards, no activity is proposed for this submodule for the first D4D-II work plan.
- Future activity plans will build on results and lessons learned from the JSA-funded project (project ending June 2026).

### Submodule: SDMX — objectives and rationale
- Rationale:
  - Meet demand from countries for assistance implementing international best practices and modern tools based on the SDMX standard and API access.
  - Full implementation of modern data governance, architecture, and engineering practices improves dissemination efficiency and effectiveness, supports generative AI-powered search and retrieval, and increases accessibility and usability of statistics.
  - Implementation remains slower among LLMICs; outdated practices (e.g., PDF dissemination) remain widespread.
- Regional focus for first phase: sub-Saharan Africa, building on IMF partnership with African Development Bank (AfDB) and a new tripartite collaboration including the World Bank (WB).
- Four objectives:
  - Strengthening data governance frameworks: assist member countries to develop robust economic data policies, comprehensive guidelines, and streamlined data processes to ensure consistency and reliability across their data catalogue.
  - Enhancing metadata: help national statistical offices and official data producers adopt metadata standards and data curation good practice using the WB Metadata Editor.
  - Enhancing data dissemination systems (indicators): help compiling agencies adopt AfDB’s Open Data Portal (ODP 2.0), an SDMX-compliant platform enabling automation of data dissemination and reporting to improve discoverability, accessibility, and usability; make data more "AI ready" for applications like the IMF's StatGPT.
  - Ensuring open and transparent data licensing: promote clear, preferably open licenses for official data and provide information and recommendations to compiling agencies.

### SDMX — planned activities, timeline, and country support
- Workshops:
  - STA will conduct three workshops in the sub-Saharan Africa region in collaboration with AfDB and the WB during FY 2026-27Q2.
  - Specific events:
    - Participate in a workshop hosted by AfDB in collaboration with UNECA and the African Union’s Institute for Statistics in July 2025.
    - Participate in a workshop hosted by the Southern African Development Community in November 2025.
    - Host a workshop at the IMF’s Africa Training Institute in December 2025.
  - Objectives of workshops: familiarize countries with the new CD program; demonstrate support for implementing international best practices and modern tools; serve as diagnostic tools to analyze country/institutional capacity and readiness for bilateral CD.
  - Collaboration on workshop design, training materials, resource staff provision, and cost sharing with AfDB and WB.
- Bilateral CD:
  - Expected to provide bilateral CD to around three countries during the first 18 months of the program.
  - First TA mission planned for Uganda where the central bank aims to modernize data management systems to align with international standards and has requested STA support.
  - Coordination with AfDB and WB on bilateral TA, expected focus around implementation of ODP 2.0, enhanced dissemination portals on national websites, and automation of processes to update NSDPs.
  - Anticipated outcomes: increased accessibility and usability of statistics, more efficient and resilient dissemination.
- Post-initial phase:
  - After initial 18 months, STA will seek partnerships with other international and regional agencies to implement modular tools and collaborate on tool implementation to ensure efficient deployment and coordinated support.

### Submodule: Data Use
- No activity proposed for the first D4D-II work plan given limited impact at the beginning of Phase II and the comprehensive impact survey conducted at the end of D4D-I.
- Data use awareness will be incorporated into several regional training workshops across other modules (including FAS and adoption of new methodological standards).
- Data use analytics will be upscaled in the next work plan, depending on the D4D-II fundraising situation.

### Interactions with Module V (Environmental and Climate Change Statistics)
- Module V objectives (contextual linkage):
  - Strengthen statistical systems to compile macro-relevant environmental and climate statistics consistent with SNA2025, BPM7, upcoming GFS Manual, MFSM, and SEEA.
  - Facilitate development of institutional mechanisms for environment and climate statistics programs.
  - Address data gaps on climate risks to the economy, financial systems, biodiversity, and climate finance.
  - Leverage big data, geospatial global datasets, and climate models to fill data gaps.
  - Integrate macro-relevant environment and climate-related statistics into regular statistical production processes.
- Planned CD activities for FY 2026 - FY 2027 Q2 include TA missions in Morocco, Pakistan, and Uganda; Benin and The Gambia under consideration; and an IMF workshop (with UNSIAP and KOSTAT).

### Key statistics, budgets, and governance items related to Module 4 and the first D4D-II work plan
- Number of submodules in Module 4: 3 (Data Standards, SDMX, Data Use).
- JSA-funded project end date referenced: June 2026.
- Workshops planned in sub-Saharan Africa during FY 2026-27Q2: 3.
- Bilateral CD expected in first 18 months: around 3 countries.
- First TA mission planned location: Uganda.
- IMF workshop at Africa Training Institute: December 2025.
- Participation in AfDB/UNECA/AU workshop: July 2025.
- Participation in SADC workshop: November 2025.
- D4D-II initial budget required to implement full-fledged 18-month work plan: $12,240,478.
- Budget implication for Module 4: $0.47 million (Table 11, No. 6).

*D4D Fund Phase II First Work Plan (May 2025 - October 2026), IMF.*

### Annex I - D4D-II   Strategic Log Frame

### Annex I - D4D-II Strategic Log Frame

### D4D-II Strategic Objective
- Strengthening national statistical systems to cope with a challenging national and international policy environment, and fostering data transparency and accountability.
- All indicators are targeted for completion by the end of the D4D-II five-year period.

### Module 1 — Access to better and more data to empower decision making and enhance public transparency and accountability

Real Sector Statistics — Objective 1: High-frequency indicators (HFIs)
- Outcome indicators:
  - At least six countries have developed and released (internally or to the public) one of: monthly indicator of economic growth, composite indicators, sentiment indicators; or monthly indicators for relevant economic activities such as industrial production, services production, retail sales, tourism, and international trade.
  - At least 12 countries (with HFIs at the start of D4D-II) have improved the coverage and timeliness of the source data, including by using non-traditional source data (VAT or Big Data).
  - At least 12 countries (with HFIs at the start of D4D-II) have improved the methodologies used to compile HFIs of economic activity.
- Data sources and monitoring:
  - Assessments through IMF CD activities (e.g., bilateral TA missions).
  - Dissemination on NSDPs, IMF databases, and/or country websites.
  - DAA in IMF Article IV and program staff reports.

Real Sector Statistics — Objective 2: National Production, Income and Expenditure (national accounts)
- Outcome indicators:
  - New rebased national accounts series in at least 10 countries.
  - New or revised quarterly measures of economic activity in at least two countries.
  - New or revised estimates of the non-observed economy, particularly the informal economy, or the digital economy in at least five countries.
  - Sectoral account decomposition and cross-sectoral linkages in at least two countries.
  - Methodological improvements according to the 2008 SNA or the SNA2025 in at least two countries.
  - Expanded source data by using non-traditional source data (VAT or Big Data) for national accounts purposes in at least eight countries.
- Data sources and monitoring:
  - Assessments through IMF CD activities (e.g., bilateral TA missions).
  - Dissemination internally, on NSDPs, IMF databases, and/or country websites.
  - DAA in IMF Article IV and program staff reports.

Real Sector Statistics — Objective 3: Price statistics (CPI, PPI, XMPI, RPPI, CPPI)
- Outcome indicators:
  - For at least 12 countries, a first time or new vintage price index is developed and disseminated internally and/or to the public.
  - For at least five of these 12 countries, data and metadata sufficient to support data analysis have been developed and are available to users.
  - For at least five countries, the coverage of the price index is expanded in terms of geography, activity, type of property, etc.
  - For at least five countries, a new source data that aligns with the concept being estimated is identified and used to compile the price measure.
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities (e.g., bilateral TA missions).
  - Dissemination internally, on NSDPs, IMF databases, and/or country websites.

External Sector Statistics — Objective 1: BOP/IIP
- Outcome indicators:
  - At least 15 countries develop and utilize new surveys and other source data to improve coverage of direct investment, other sectors coverage, remittances, and informal trade data.
  - At least ten countries implement or have plans to implement BPM7 to compile BOP and IIP.
  - At least 15 countries are compiling quarterly IIP with timeliness as per the e-GDDS or SDDS, as appropriate.
  - At least 15 countries are compiling and disseminating integrated IIP statement.
  - At least 15 percentage points increase in the average post-test score compared to the average pre-test score for multi country training courses.
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities.
  - Dissemination on NSDPs, IMF databases, and/or country websites.
  - DAA in IMF Article IV and program staff reports.
  - Workshop/seminar evaluation results (pre and post).

External Sector Statistics — Objective 2: Reserve data template (IRFCL)
- Outcome indicators:
  - At least ten additional countries compile and disseminate a monthly international reserve and foreign currency liquidity (IRFCL) template.
  - (As of April 2024, 21 countries compile and report monthly IRFCL.)
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities.
  - Dissemination on NSDPs, IMF databases, and/or country websites.
  - DAA in IMF Article IV and program staff reports.

External Sector Statistics — Objective 3: External debt statistics
- Outcome indicators:
  - At least 15 countries begin reporting external debt statistics.
  - (As of April 2024, 39 countries compile and report quarterly EDS.)
  - At least 10 countries have improved their statistical methodology as measured by assessments conducted by STA missions.
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities.
  - Dissemination on NSDPs, IMF databases, WB Database, and/or country websites.
  - DAA in IMF Article IV and program staff reports including Debt Sustainability Analyses.

External Sector Statistics — Objective 4: Coordinated Direct Investment Survey (CDIS)
- Outcome indicators:
  - At least five eligible countries are added to the IMF’s CDIS.
- Data source:
  - CDIS Database.

External Sector Statistics — Objective 5: Coordinated Portfolio Investment Survey (CPIS)
- Outcome indicators:
  - At least five eligible countries are added to the IMF’s CPIS.
- Data source:
  - CPIS Database.

Fiscal and Public Debt Statistics — Objective 1: Government Finance Statistics (GFS)
- Outcome indicators:
  - At least 15 percentage points increase in the average post-test score compared to the average pre-test score for multi-country training courses.
  - At least 15 countries have improved sources and granularity of fiscal data to enable better classifications, consolidation, and compilation of GFS for general government and its subsectors.
  - At least five countries compile and disseminate GFS data following the GFSM 2014 framework.
  - At least five countries compile and disseminate COFOG functional expenditure transactions data according to GFSM 2014 guidelines.
  - At least five countries report increased coverage and scope of institutional sector from Budgetary Central Government (BCG) to General Government (GG) sector.
  - At least five countries have developed and/or are implementing a migration plan and timetable to adopt GFSM 2014 guidelines.
  - At least 15 countries are compiling and disseminating GFS data for BCG/GG sector on quarterly or monthly basis.
  - At least 15 countries improve the timeliness of data dissemination to the public (shorter delays).
  - At least 15 countries’ annual and sub-annual GFS data have an acceptable statistical discrepancy between net lending/borrowing versus financial assets and liabilities (above and below the line statistical discrepancy is reduced to less than 1% of GDP).
  - At least 15 countries’ flows data on financial assets and liabilities are reconcilable with changes in stocks of financial assets and liabilities (stocks-flows statistical discrepancy is reduced to less than 1% of GDP).
  - At least 15 countries have a comprehensive sources and methods document updated regularly (at least twice during the project period).
  - At least 15 countries’ metadata are publicly available and regularly updated.
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities.
  - Dissemination on NSDPs, IMF databases, and/or country websites.
  - DAA in IMF Article IV staff reports.

Fiscal and Public Debt Statistics — Objective 2: Public Sector Debt Statistics (PSDS)
- Outcome indicators:
  - At least 15 percentage points increase in the average post-test score compared to the average pre-test score for multi-country training courses.
  - At least eight countries have improved sources and granularity of public debt data to enable better classifications, consolidation, and compilation of PSDS for BCG/(or public sector) and its subsectors.
  - At least 15 countries compile and disseminate PSDS following the PSDSG 2011 framework.
  - At least five countries report increased debt instruments coverage (including other financial liabilities such as arrears) and/or contingent liabilities to SOE.
  - At least five countries report increased institutional sector coverage from BCG to GG sector in PSDS data.
  - At least 10 countries are compiling and disseminating PSDS data for BCG monthly or quarterly.
  - At least 10 countries’ PSDS data published meet the required periodicity and timeliness as per the e-GDDS/SDDS, or SDDS Plus, as appropriate.
  - At least five countries’ PSDS data are compiled and reported via the Joint IMF-World Bank Quarterly Public Sector Debt (QPSD) database.
  - At least 10 countries have comprehensive sources and methods documents updated regularly (at least twice during the project period).
  - At least ten countries’ metadata are publicly available and regularly updated.
- Data sources and monitoring:
  - Follow-up assessments through IMF CD activities.
  - IMF CDMAP annual assessment and TA reports.
  - Dissemination on NSDPs, IMF databases, and/or country websites.
  - IMF/World Bank QPSDS database.
  - DAA in IMF Article IV and program staff reports, including Debt Sustainability Analyses.

### Module 2 — Financial Access Survey (FAS): Support global financial inclusion policymaking
FAS — Objective 1: Sustain and improve the FAS database (quality, reporting, coverage, usage)
- Outcome indicators — capacity and quality:
  - At least 15 percentage points increase in the average post-test score compared to the average pre-test score for multi-country training courses.
  - Data collected using enhanced statistical techniques with an enhanced validation tool in line with revised FAS guidelines.
  - Metadata sufficient to support data analysis developed and available for at least one third of the participating LLMICs, including identification of joint accounts, unique ID availability, and scope definitions (adult population and residency).
  - Concepts and definitions revised by the FAS team in broad conformity with recent developments in the financial inclusion landscape.
  - Data source: FAS Database and Metadata.
- Outcome indicators — coverage and additional series:
  - Participation providing information on small and medium enterprises increased from 113 to up to 130 for small and medium enterprises (compared to the 2023 benchmark).
  - Participation providing information on gender breakdown increased from 83 to up to 95 for gender-disaggregated data (compared to the 2023 benchmark).
  - At least 20 percent of the participating LLMICs provide additional gender-disaggregated data series (from 15 to at least 20 gender-disaggregated data series).
  - At least one third of participating LLMICs provide additional data series reflecting recent innovations in the financial sector to be included in the questionnaire (from 9 to up to 20 fintech-enabled financial inclusion data series — mobile money and mobile and internet banking).
- Outcome indicators — usage:
  - FAS data are featured in IMF country reports and policy documents, from an average of 8 to up to 15 IMF country reports per year, on average.
  - Relevant information from FAS is published or used in Central Bank’s websites and/or reports for about 20 percent of countries that participate in the FAS webinars/workshops.
  - Usage monitored via ad hoc surveys on usage of the FAS data (e.g., by the second and fifth year of the D4D-II period). The usage of FAS related information will be incentivized during webinars and workshops.

### Module 3 — Expand global reach of statistics training (online curriculum)
- Outcomes indicators:
  - At least four courses from D4D-I curriculum are updated to reflect newly adopted international standards (e.g., SNA, BPM).
  - At least four new courses are developed.
  - At least two short user-oriented courses are launched.
  - Certification from online training established as entry requirement to improve efficiency of face-to-face intermediate and advanced training.
  - All courses of the curriculum are translated in at least two additional languages beyond English.
  - Reaching at least 500 participants on average for each online course in the curriculum.
  - At least 75 percent of courses under the online learning curriculum are translated into Arabic.
- Data sources and monitoring:
  - IMF tracking system for online learning, including course participation and completion rate, pre-survey and post-survey.

### Module 4 — Strengthen data transparency through IMF Data Standards Initiatives
Data Dissemination — Objective 1: Implement the e-GDDS
- Outcome indicators:
  - A National Summary Data Page (NSDP) is disseminated for at least 25 percent of the countries that do not have NSDPs at the beginning of the D4D-II work program.

*Source: D4D-II Strategic Log Frame (Annex I), Statistics Department.*

### Annex III).

### d4d-fund-phase-ii-first-work-plan-may-2025-october-2026 - Annex III

### Objective and Conceptual Foundation
- Objective: Strengthening eligible countries statistical systems to cope with a challenging national and international policy environment, and fostering data transparency and accountability.
- Focus: Provide timely and agile support to LLMICs in modernizing statistical systems to enhance evidence-based macroeconomic policymaking.
- Conceptual Foundation: Build on Phase 1 successes by sustaining efforts to strengthen national statistical systems, addressing emerging data needs, tapping alternative sources, and advancing data transparency.
- Size, Target Countries and Period:
  - $45 million for LLMICs mainly, from May 2025 to April 2030.

### D4D-II Modules, Scope, and Allocated Budgets
- M1: Addressing Data Needs and Quality Concerns (total allocation across submodules shown)
  - Submodule Real Sector Statistics (RSS): $20.7 million
  - Submodule External Sector Statistics (ESS): $7.2 million
  - Submodule Fiscal and Public Debt Statistics (GFS/PSDS): $5.2 million
  - Additional M1 allocation line: $8.3 million
- M2: Financial Access Survey (FAS)
  - Sustain and expand the FAS: $3.5 million
- M3: Online Learning
  - Complement curriculum and translate courses: $5.4 million
- M4: Data Dissemination and Use
  - Submodule Data Standards: $3.6 million
  - Submodule SDMX: $1.3 million
  - Submodule Data Use: $0.3 million
  - Total M4: $5.2 million
- M5: Environmental and Climate Change Statistics
  - Assist countries in developing policy-relevant environmental and climate change statistics: $5.8 million

### Key Programmatic Goals and Outcome Indicators
- Module 4 (Strengthen data transparency; IMF Data Standards Initiatives)
  - Data Dissemination Objective 2: Subscribe to SDDS
    - Target: At least 20 percent of countries eligible to advance to SDDS at the beginning of the D4D-II work program will subscribe to the SDDS.
    - Target: At least 20 percent of the SDDS countries at the beginning of the program will adopt SDMX.
    - Data source: SDDS subscription evidenced through Dissemination Standards Bulletin Board (DSBB).
  - Data Dissemination Objective 3: Adhere to the SDDS Plus
    - Target: At least 20 percent of the countries eligible to advance to SDDS Plus at the beginning of the program will meet SDDS Plus requirements.
    - Data source: Adherence evidenced through DSBB.
  - SDMX and Data Use Objective 1: Modern dissemination practices and tools
    - Target: Dissemination Portal is enhanced in at least five AFR countries.
    - Target: Move from suboptimal data dissemination channels (e.g., PDF) to modern techniques in at least three non-AFR countries.
    - Target: NSDP datasets refreshed automatically in at least eight countries. (NSDPs including ODP in AFR region.)
    - Staff capacity target: A minimum ten percentage points increase in the average post-test score compared to the average pre-test score for multi country training courses. (Measured by workshop/seminar evaluation results (pre and post).)
    - Policy use targets:
      - Authorities and/or IMF staff used D4D-improved data for policymaking and/or surveillance in at least half of beneficiary countries for Module 1.
      - Demonstrated policy use of climate indicators in at least half of beneficiary countries for Module 5.
    - Data sources: Ad hoc user surveys/consultations; usage of data in the Fund’s IMF Article IV and program staff reports.
- National Summary Data Page (NSDP) timeliness target
  - Target: At least half of the e-GDDS countries with NSDPs at the beginning of the program achieve a timeliness rate of at least 50 percent.
  - Note: The timeliness rate is measured as the number of categories disseminated on time over total number of categories that the authorities are committed to timely dissemination.
  - Data source: Authorities’ data sources, mainly from national statistical institutes, central banks, and ministries of finance.

### Module 5 — Environmental and Climate Change Statistics: Outcomes and Indicators
- Outcome: Compile and disseminate new data sets and establish clear data governance policies.
  - Target: A new vintage of Air Emissions and/or Energy and/or Other Environmental Accounts developed and disseminated internally and/or to the public for at least 10 countries, with a clear data governance policy established.
  - Target: A new vintage of physical and/or transition risk indicators developed and disseminated internally and/or to the public for at least 10 countries, with a clear data governance policy established.
  - Target: A new vintage of climate expenditures, subsidies and/or finance developed and disseminated internally and/or to the public for at least 10 countries, with a clear data governance policy established.
  - Data sources: Dissemination internally, global databases, and/or country websites.

### Governance, Steering Committee (SC), and Operational Controls
- Steering Committee Role and Composition
  - Role: Provides strategic guidance, assists in setting priorities, and endorses work plans, budgets, and annual reports of the D4D Fund.
  - Composition: Representatives from each Contributor of the D4D subaccount, and the IMF.
  - Chair and Vice-Chair:
    - The SC is chaired by a Contributor with strong interest; IMF proposes a Chair and a Vice Chair.
    - Chair and Vice Chair are elected by consensus.
    - Term: one year; at the end of which the Vice Chair seated at that time becomes the Chair.
    - Chair presides over SC; Vice Chair assumes role when Chair is absent.
- Decision-making and Meetings
  - Decisions: SC’s decisions are made by consensus; each party has one voice.
  - If consensus is not possible, the proposed decision is postponed or withdrawn.
  - Lapse-of-time decision making period when done by e-mail circulation: 15 days (may be adjusted under special circumstances).
  - Meetings: SC meets in person or by videoconference annually (usually in June) and virtually halfway in the year (usually in January); Chair may convene ad hoc meetings.
  - Observers: May be invited on a case-by-case basis; SC decides which observers and which parts of meeting they attend.
- Work Plan Preparation and Changes
  - An 18-month work plan is distributed three weeks before the relevant SC meeting.
  - The SC endorses:
    - Changes to objectives within a Module (for Modules 2, 3, 4) and Sub-modules (for Modules 1 and 4).
    - Addition/removal of outcomes that result in Module/Sub-module budget changes of more than 25 percent.
  - For changes within thresholds above (including budget changes of less than 25 percent), notification is provided to the SC at the next reporting point.
  - Note on thresholds: Thresholds are measured against the last endorsed proposal/budget/duration (i.e., multiple changes within the limits cannot stretch beyond the threshold). Internal controls at the “Funding Program” level correspond to modules or submodules as specified.
- Reporting, Evaluation, and Documentation
  - The IMF provides an annual report on D4D Fund activities to the SC.
  - The IMF provides Technical Assistance Reports (TARs) and High-Level Summaries (HLS) on the Partners Connect platform to which all Contributors are authorized access.
  - Activities financed under the D4D Fund are subject to an external, independent evaluation; the SC shall endorse the terms of reference and methodology to be used.

### Staff Capacity, Dissemination Modernization, and Data Use Emphasis
- Emphasis on improving data governance, management, and dissemination systems and processes through:
  - Enhancing dissemination portals in AFR countries and modernizing dissemination techniques in non-AFR countries.
  - Automating NSDP dataset refresh in targeted countries.
  - Increasing staff capacity via training measured by a minimum ten percentage points increase in average post-test over pre-test scores for multi country training courses.
- Emphasis on integrating innovative data sources, including Big Data, into national statistical programs to meet evolving data needs.

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_Source: https://www.imf.org/-/media/files/capacity-developement/d4d/june-2025/d4d-fund-phase-ii-first-work-plan-may-2025-october-2026.pdf_