Albania to Implement the IMF’s Enhanced General Data Dissemination System

IMF News, July 10, 2017

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Canonical URL: Albania to Implement the IMF’s Enhanced General Data Dissemination System

A staff team from the International Monetary Fund (IMF)’s Statistics Department visited Tirana from April 14-20, 2017 to assist the authorities with the implementation of the Enhanced General Data Dissemination System (e-GDDS).
The team supported the development of the National Summary Data Page (NSDP), which was posted on the INSTAT website on June 20 and utilizes the Statistical Data and Metadata Exchange (SDMX).

The NSDP aims to serve as a one-stop publication vehicle for essential macroeconomic data.
The NSDP provides data in both human and machine-readable formats and is aligned with an Advance Release Calendar.
A link to the country’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board (DSBB): http://dsbb.imf.org.

Publication of essential macroeconomic data through the new NSDP provides national policymakers and domestic and international stakeholders, including investors and rating agencies, with easy access to information identified by the IMF’s Executive Board as critical for monitoring economic conditions and policies.
Making information easily accessible in both human and machine-readable formats, and in accordance with an Advance Release Calendar, allows all users to have simultaneous access to timely data and brings greater data transparency.

The e-GDDS was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance.
The e-GDDS supersedes the GDDS, which was established in 1997.

Source: IMF press release dated July 10, 2017.