Mongolia Subscribes to the IMF's Special Data Dissemination Standard
IMF News, April 2, 2019
Source details
- Canonical URL
- Mongolia Subscribes to the IMF's Special Data Dissemination Standard
Other formats
Bibliographic details
- Published: April 2, 2019
Key event
- Press Release No. 19/100
- Date: April 2, 2019
- Mongolia subscribed to the IMF’s Special Data Dissemination Standard (SDDS).
- This is the first case where implementation of the enhanced General Data Dissemination System (e-GDDS) has facilitated advancement to the SDDS.
Background and implementation steps
- Under the e-GDDS, Mongolia launched a National Summary Data Page—a one-stop online publication portal—laying the foundation for moving to the next tier of IMF data standards, the SDDS.
- Mongolia benefitted from a project in the Improvement of Data Dissemination in the Asia and Pacific Region, financed by the Japanese government, which aims to assist countries to improve data dissemination under IMF’s data standards initiatives.
IMF statement and official contacts
- Louis Marc Ducharme, Chief Statistician and Data Officer of the IMF, welcomed the milestone and said: “I congratulate the authorities for subscription to the SDDS. It underscores Mongolia’s strong commitment to transparency, as well as the adoption of internationally accepted best practices in statistics.”
- MEDIA RELATIONS PRESS OFFICER: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
About the SDDS (as described in the release)
- The SDDS was established by the IMF in March 1996.
- Purpose: to guide members in the provision of economic and financial data to the public.
- Benefits of subscription:
- Enhances the availability of timely statistics according to an advance release calendar.
- Contributes to sound macroeconomic policies and the proper functioning of financial markets.
- Nature of subscription:
- Voluntary.
- A subscribing member commits to observe the standard and to provide information (metadata) about its data dissemination practices.
- Metadata is made publicly available on the IMF's Dissemination Standards Bulletin Board (DSBB).
DSBB and Mongolia’s data access
- The DSBB provides comprehensive documentation in English on the statistical practices of Mongolia for SDDS data categories, hyperlinked to country data included in the National Summary Data Page, maintained by Mongolia’s National Statistical Office.
- Mongolia’s SDDS information is available at http://dsbb.imf.org/Pages/SDDS/CountryList.aspx.
Source: IMF Press Release No. 19/100, April 2, 2019, IMF Communications Department.