Washington, DC:
Kuwait has implemented the recommendations of the IMF’s Enhanced General
Data Dissemination System (e-GDDS) by publishing essential data through the
National Summary Data Page (NSDP).
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 policymaking. The NSDP is a national “data
portal” that serves as a one-stop publication vehicle for essential
macroeconomic data on the national accounts, government operations and
debt, monetary and financial sector, and balance of payments.
The NSDP is hosted by the Central Bank of Kuwait, utilizing the Statistical
Data and Metadata Exchange. A link to
Kuwait’s NSDP is available on the IMF’s Dissemination Standards Bulletin
Board. The NSDP contains links to statistics published by the Central Bank
of Kuwait, the Ministry of Finance, and the Central Statistical Bureau.
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 access to timely data and bring greater data
transparency.
Louis Marc Ducharme, Chief Statistician and Data Officer of the IMF, and
Director of the Statistics Department welcomed this major milestone in the
country’s statistical development: “I am confident that Kuwait will benefit
from using the e-GDDS as a framework for further development of its
statistical system.”