Rwanda Implements the IMF’s Enhanced General Data Dissemination System
IMF News, September 22, 2017
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- Rwanda Implements the IMF’s Enhanced General Data Dissemination System
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Bibliographic details
- Published: September 22, 2017
Announcement
- Press Release No. PR17/368
- Date: September 22, 2017
- Issued by: IMF Communications Department, MEDIA RELATIONS
- Press Officer: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Implementation details
- On September 22, 2017, the authorities of Rwanda began publishing important macroeconomic data on the website of the National Institute of Statistics—the National Summary Data Page (NSDP).
- Publication uses the Statistical Data and Metadata Exchange.
- An IMF Statistics Department staff team visited Kigali during July 12-18, 2017 to assist with the implementation of the e-GDDS.
Intended benefits and outcomes
- Publication of essential macroeconomic data through the new NSDP will:
- provide national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information identified by the IMF’s Executive Board as important for monitoring economic conditions and policies;
- make information easily accessible in both human and machine-readable formats;
- operate in accordance with an Advance Release Calendar so all users have simultaneous access to timely data;
- bring greater data transparency;
- mark a major milestone in Rwanda’s roadmap towards subscription to the IMF’s Special Data Dissemination Standard.
Background on e-GDDS
- The e-GDDS was established by the IMF’s Executive Board in May 2015 to:
- support improved data transparency;
- encourage statistical development;
- help create synergies between data dissemination and surveillance.
- The e-GDDS supersedes the GDDS, which was established in 1997.
- A link to the country’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board (DSBB): http://dsbb.imf.org.