Myanmar Implements the International Monetary Fund's Enhanced General Data Dissemination System
IMF News, April 5, 2019
Source details
- Canonical URL
- Myanmar Implements the International Monetary Fund's Enhanced General Data Dissemination System
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Bibliographic details
- Published: April 5, 2019
Key facts and context
- Press Release No. 19/106
- Date: April 5, 2019
- Issued by: IMF Communications Department
- Media Relations press officer: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
What was implemented
- Myanmar has launched a National Summary Data Page (NSDP) in implementing the recommendations of the Enhanced General Data Dissemination System (e-GDDS).
- The e-GDDS was established by the IMF in 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance.
Technical and hosting details
- The NSDP is a national “data portal” that serves as a one-stop vehicle for publishing essential macroeconomic data in both human and machine-readable formats.
- The NSDP is hosted by the Central Statistical Organization of the Ministry of Planning and Finance on its website, utilizing the Statistical Data and Metadata Exchange (SDMX).
- A link to Myanmar’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board.
- The NSDP also contains links to statistics published by the Central Bank of Myanmar and the Ministry of Planning and Finance.
Financial and implementation support
- Myanmar has benefitted from a project on the Improvement of Data Dissemination in the Asia and Pacific Region, financed by the government of Japan, which aims to assist countries to promote data dissemination under the IMF’s data standards initiatives.
Intended benefits and uses
- 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 this information easily accessible in both human and machine-readable formats will allow users to have simultaneous access to timely data and bring greater data transparency.
IMF reaction
- Louis Marc Ducharme, Chief Statistician and Data Officer, and Director of IMF’s Statistics Department, welcomed the launch as a major milestone in the country’s statistical development.
- Quotation: “I congratulate the authorities for the launch of the NSDP, an important step forward in data dissemination. I am confident that Myanmar will benefit from using the e-GDDS as a framework for further development of its statistical system.”
Source: IMF press release, April 5, 2019.