Lithuania Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus

IMF News, July 19, 2018

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Canonical URL: Lithuania Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus

Lithuania has completed the requirements for adherence to the IMF’s SDDS Plus—the highest tier of the Data Standards Initiatives.
Lithuania’s SDDS Plus data are now posted on the Dissemination Standards Bulletin Board.
Press Release No. 18/300
Dates appearing in the source:
- July 19, 2019
- July 19, 2018

Louis Marc Ducharme, Chief Statistician and Data Officer of the IMF, welcomed Lithuania’s adherence and noted that “the dissemination of the new data sets under the SDDS Plus will be invaluable in fostering a deeper understanding and more informed assessments of the performance of Lithuania’s financial sector, the cross-border-financial linkages, and the vulnerabilities of the economy to shocks.”
The SDDS Plus is intended to assist statistically advanced countries with regard to the publication of comprehensive, timely, and reliable economic and financial data in an environment of continuing economic and financial integration.

The Data Standards Initiatives were established in the mid-1990s to enhance member countries’ data transparency and to promote the development of sound statistical systems.
The need for data standards was highlighted by the financial crises of the mid-1990s and again in the late-2000s, when information deficiencies were seen to play a role.
The Data Standards Initiatives also include the SDDS and the Enhanced General Data Dissemination System (e-GDDS).
Detailed information on the Data Standards Initiatives can be found on the Dissemination Standards Bulletin Board.

Lithuania Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus — Press Release No. 18/300