Uzbekistan Implements the IMF’s Enhanced General Data Dissemination System
IMF News, May 3, 2018
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Bibliographic details
- Published: May 3, 2018
Key publication details
- Press Release No. 18/153
- May 3, 2018
- IMF Communications Department
- MEDIA RELATIONS
- PRESS OFFICER: Pemba Sherpa
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
Implementation of the e-GDDS
- Uzbekistan has implemented the recommendations of the Enhanced General Data Dissemination System (e-GDDS).
- Critical macroeconomic and financial data are published through the National Summary Data Page (NSDP).
- The NSDP is posted on the State Statistics Committee’s website and utilizes the Statistical Data and Metadata Exchange (SDMX).
- The NSDP is accessible on the IMF’s Dissemination Standards Bulletin Board at http://dsbb.imf.org.
NSDP content and publication approach
- The NSDP contains links to statistics published by official data producers:
- State Statistics Committee
- Central Bank of the Republic of Uzbekistan
- Ministry of Finance
- The NSDP aims to serve as a one-stop publication vehicle for essential macroeconomic data in both human and machine-readable formats.
- Publication according to an Advance Release Calendar is highlighted to allow simultaneous access to timely data.
Technical assistance and financing
- Technical assistance to finalize the metadata published on the NSDP was financed by the Swiss Federal Department of Finance.
Benefits, implications, and endorsement
- Publication of essential macroeconomic data through the NSDP is described as a welcome step towards greater transparency.
- Expected beneficiaries:
- National policy makers
- Domestic and international stakeholders, including investors and rating agencies
- Making information easily accessible in both human and machine-readable formats and according to an Advance Release Calendar will allow all users to have simultaneous access to timely data.
- Louis Marc Ducharme, Director of the IMF’s Statistics Department, welcomed the milestone and stated: “I am confident that Uzbekistan will benefit from using the e-GDDS as a framework for further development of its statistical system.”
Background on the e-GDDS
- The e-GDDS was established by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance.
- The e-GDDS supersedes the GDDS, which was established in 1997.
- The release refers to a short video that gives a broad overview of the benefits of the e-GDDS.
Source: Uzbekistan Implements the IMF’s Enhanced General Data Dissemination System (Press Release No. 18/153, May 3, 2018).