{
  "title": "Switzerland Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus",
  "publication": "IMF News, January 19, 2021",
  "sourceUrl": "https://www.imf.org/en/news/articles/2021/01/19/pr2117-switzerland-adheres-to-the-imf-special-data-dissemination-standard-plus",
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  "summary": "Switzerland has completed the requirements for adherence to the IMF’s Special Data Dissemination Standard (SDDS) Plus—the highest tier of the Data Standards Initiatives.",
  "publishDate": "2021-01-19",
  "sections": [
    {
      "heading": "Adherence announcement",
      "content": "- Switzerland has completed the requirements for adherence to the IMF’s Special Data Dissemination Standard (SDDS) Plus—the highest tier of the Data Standards Initiatives.\n- Date of announcement: January 19, 2021.\n- Contact listed: PRESS OFFICER: Pemba Sherpa; Phone: +1 202 623-7100; Email: MEDIA@IMF.org; @IMFSpokesperson.\n- Statement from IMF official: Mr. Louis Marc Ducharme, Director of the IMF’s Statistics Department and Chief Statistician and Data Officer, said: “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 Switzerland’s financial sector, the cross-border-financial linkages, and the vulnerabilities of the economy to shocks.”"
    },
    {
      "heading": "Scope and purpose of SDDS Plus",
      "content": "- The SDDS Plus builds on the SDDS.\n- Purpose: to assist statistically advanced countries with the publication of comprehensive, timely, and reliable economic and financial data.\n- Target countries: those that have systematically important financial sectors integral to the working of the international monetary system."
    },
    {
      "heading": "Data accessibility",
      "content": "- Switzerland’s SDDS Plus data are accessible through the Dissemination Standards Bulletin Board.\n- Further DSBB information referenced: https://dsbb.imf.org"
    },
    {
      "heading": "Background on the Data Standards Initiatives",
      "content": "- 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.\n- Rationale: 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.\n- The Data Standards Initiatives also include the SDDS and the Enhanced General Data Dissemination System (e-GDDS).\n\nSource: Press Release No. 21/17 — Switzerland Adheres to the International Monetary Fund’s Special Data Dissemination Standard Plus (January 19, 2021).\n\n---\n\n\n References\n\n- Switzerland and the IMF\n- Special Data Dissemination Standard\n- Press Releases\n- PRESS CENTER\n- Dissemination Standards Bulletin Board\n- https://dsbb.imf.org\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2021/01/19/pr2117-switzerland-adheres-to-the-imf-special-data-dissemination-standard-plus"
    }
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    "Published: January 19, 2021",
    "Switzerland has completed the requirements for adherence to the IMF’s Special Data Dissemination Standard (SDDS) Plus—the highest tier of the Data Standards Initiatives.",
    "Date of announcement: January 19, 2021.",
    "Contact listed: PRESS OFFICER: Pemba Sherpa; Phone: +1 202 623-7100; Email: MEDIA@IMF.org; @IMFSpokesperson.",
    "Statement from IMF official: Mr. Louis Marc Ducharme, Director of the IMF’s Statistics Department and Chief Statistician and Data Officer, said: “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 Switzerland’s financial sector, the cross-border-financial linkages, and the vulnerabilities of the economy to shocks.”",
    "The SDDS Plus builds on the SDDS.",
    "Purpose: to assist statistically advanced countries with the publication of comprehensive, timely, and reliable economic and financial data.",
    "Target countries: those that have systematically important financial sectors integral to the working of the international monetary system.",
    "Switzerland’s SDDS Plus data are accessible through the Dissemination Standards Bulletin Board.",
    "Further DSBB information referenced: https://dsbb.imf.org",
    "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.",
    "Rationale: 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).",
    "[Switzerland and the IMF](http://www.imf.org/external/country/CHE/index.htm)",
    "[Special Data Dissemination Standard](http://dsbb.imf.org/Applications/web/sddshome/)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[Dissemination Standards Bulletin Board](https://dsbb.imf.org/sddsplus/country/CHE/category)",
    "[https://dsbb.imf.org](https://dsbb.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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