Kenya Implements the International Monetary Fund's Enhanced General Data Dissemination System
IMF News, December 20, 2018
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- Kenya Implements the International Monetary Fund's Enhanced General Data Dissemination System
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Bibliographic details
- Published: December 20, 2018
Summary of action taken
- Kenya has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing critical data through the National Summary Data Page (NSDP).
- The NSDP serves as a national “data portal” and a one-stop publication vehicle for essential macroeconomic data.
Purpose and scope of the NSDP
- Supports improved data transparency and encourages statistical development.
- Helps create synergies between data dissemination and surveillance.
- Publishes essential macroeconomic data on:
- national accounts,
- government operations and debt,
- monetary and financial sector,
- balance of payments.
Hosting and technical details
- The NSDP is hosted by Kenya’s National Bureau of Statistics, utilizing the Statistical Data and Metadata Exchange.
- A link to Kenya’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board.
- The NSDP contains links to statistics published by:
- the National Treasury and Planning,
- Kenya National Bureau of Statistics,
- the Central Bank of Kenya.
Expected benefits and stakeholders
- Publication of essential macroeconomic data through the NSDP will provide national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information critical for monitoring economic conditions and policies.
- Making information accessible in both human and machine-readable formats will allow users to have simultaneous access to timely data and bring greater data transparency.
Official comment
- Louis Marc Ducharme, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, welcomed the milestone: “I am confident that Kenya will benefit from using the e-GDDS as a framework for further development of its statistical system.”
Financing and support
- Kenya has benefitted from a project for the Improvement of Data Dissemination financed by the United Kingdom’s Department for International Development.
Press contact
- PRESS OFFICER: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Press Release No. 18/492 — December 20, 2018 — IMF Communications Department