## Kuwait Implements the International Monetary Fund’s Enhanced General Data Dissemination System

_IMF News, September 23, 2021_

## Source details

**Canonical URL:** [Kuwait Implements the International Monetary Fund’s Enhanced General Data Dissemination System](https://www.imf.org/en/news/articles/2021/09/23/pr21275-kuwait-kuwait-implements-imfs-enhanced-general-data-dissemination-system)

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## Bibliographic details
- Published: September 23, 2021

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### Key actions taken
- 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 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.

### Purpose and expected benefits
- The e-GDDS, established by the IMF in 2015, aims to:
  - support improved data transparency,
  - encourage statistical development,
  - help create synergies between data dissemination and policymaking.
- The NSDP serves as a national “data portal” and one-stop publication vehicle for essential macroeconomic data on:
  - national accounts,
  - government operations and debt,
  - monetary and financial sector,
  - balance of payments.
- 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,
  - make information accessible in both human- and machine-readable formats to allow users to have access to timely data and bring greater data transparency.

### Institutional endorsement
- Louis Marc Ducharme, Chief Statistician and Data Officer of the IMF, and Director of the Statistics Department, stated: “I am confident that Kuwait will benefit from using the e-GDDS as a framework for further development of its statistical system.”

*International Monetary Fund — Press Release No. 21/275, September 23, 2021.*

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## References

- [Kuwait and the IMF](http://www.imf.org/external/country/KWT/index.htm)
- [General Data Dissemination System](http://dsbb.imf.org/Applications/web/gdds/gddshome/)
- [Press Releases](https://www.imf.org/en/news/searchnews)
- [PRESS CENTER](http://presscenter.imf.org/)
- [link](https://dsbb.imf.org/)
- [https://www.imf.org/en/home](https://www.imf.org/en/home)

_Source: https://www.imf.org/en/news/articles/2021/09/23/pr21275-kuwait-kuwait-implements-imfs-enhanced-general-data-dissemination-system_