{
  "title": "Burundi Implements the International Monetary Fund’s Enhanced General Data Dissemination System",
  "publication": "IMF News, April 10, 2023",
  "sourceUrl": "https://www.imf.org/en/news/articles/2023/04/10/pr23114-burundi-burundi-implements-the-imf-enhanced-general-data-dissemination-system",
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  "summary": "The National Summary Data Page will serve as a one-stop publication for disseminating the data recommended under the e-GDDS, covering national accounts and prices, government operations and debt, the monetary and financial sector, and the external sector.",
  "publishDate": "2023-04-10",
  "sections": [
    {
      "heading": "Implementation summary",
      "content": "- Press Release No. 23/114; April 10, 2023; IMF Communications Department.\n- Burundi has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by launching a National Summary Data Page to publish essential macroeconomic and financial data.\n- The e-GDDS is described as the first tier of the IMF Data Standards Initiatives, promoting transparency as a global public good and encouraging countries to voluntarily publish timely data essential for monitoring and analyzing economic performance.\n- The launch was supported by an IMF capacity development project financed by the Government of Japan.\n- Media contact: PRESS OFFICER: Pemba Sherpa; Phone: +1 202 623-7100; Email: MEDIA@IMF.org; @IMFSpokesperson."
    },
    {
      "heading": "Scope and coverage of the National Summary Data Page",
      "content": "- The National Summary Data Page will disseminate the data recommended under the e-GDDS, covering:\n  - national accounts and prices,\n  - government operations and debt,\n  - the monetary and financial sector,\n  - the external sector.\n- Data providers: the National Statistical Office (ISTEEBU), the Ministry of Finance, Budget and Economic Planning, and the Bank of the Republic of Burundi."
    },
    {
      "heading": "Accessibility and technology",
      "content": "- The National Summary Data Page is hosted on Burundi’s national Open Data Platform (ODP), which is provided by the African Development Bank, and utilizes modern data publication technology.\n- Burundi’s information is now available in both human- and machine-readable formats, resulting in greater data transparency.\n- A link to Burundi’s National Summary Data Page is made available on the IMF’s Dissemination Standards Bulletin Board."
    },
    {
      "heading": "Expected benefits and policy relevance",
      "content": "- Facilitates access for data users in Burundi and abroad, including policymakers, financial sector participants, private investors, think tanks, and the media.\n- Aligning data with the e-GDDS will:\n  - make data accessible in a standardized way to facilitate analysis of economic trends across countries,\n  - allow early detection of risks that could help avert economic crises,\n  - support sustainable economic growth and development.\n- The IMF notes benefits including better sovereign financing conditions for countries participating in the e-GDDS; these benefits were reviewed by the IMF Executive Board in the context of the Tenth Review of the IMF Data Standards Initiatives."
    },
    {
      "heading": "Official remarks",
      "content": "- Bert Kroese, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, stated: “I am confident that Burundi will benefit from using the e-GDDS as a framework for further development of its statistical system.”\n\nSource: IMF press release — Burundi Implements the International Monetary Fund’s Enhanced General Data Dissemination System (Press Release No. 23/114, April 10, 2023).\n\n---\n\n\n References\n\n- Burundi and the IMF\n- Japan and the IMF\n- Press Releases\n- PRESS CENTER\n- IMF’s Enhanced General Data Dissemination System (e-GDDS)\n- IMF’s Dissemination Standards Bulletin Board\n- Tenth Review of the IMF Data Standards Initiatives\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2023/04/10/pr23114-burundi-burundi-implements-the-imf-enhanced-general-data-dissemination-system"
    }
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    "Published: April 10, 2023",
    "Press Release No. 23/114; April 10, 2023; IMF Communications Department.",
    "Burundi has implemented a key recommendation of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by launching a National Summary Data Page to publish essential macroeconomic and financial data.",
    "The e-GDDS is described as the first tier of the IMF Data Standards Initiatives, promoting transparency as a global public good and encouraging countries to voluntarily publish timely data essential for monitoring and analyzing economic performance.",
    "The launch was supported by an IMF capacity development project financed by the Government of Japan.",
    "Media contact: PRESS OFFICER: Pemba Sherpa; Phone: +1 202 623-7100; Email: MEDIA@IMF.org; @IMFSpokesperson.",
    "The National Summary Data Page will disseminate the data recommended under the e-GDDS, covering:",
    "Data providers: the National Statistical Office (ISTEEBU), the Ministry of Finance, Budget and Economic Planning, and the Bank of the Republic of Burundi.",
    "The National Summary Data Page is hosted on Burundi’s national Open Data Platform (ODP), which is provided by the African Development Bank, and utilizes modern data publication technology.",
    "Burundi’s information is now available in both human- and machine-readable formats, resulting in greater data transparency.",
    "A link to Burundi’s National Summary Data Page is made available on the IMF’s Dissemination Standards Bulletin Board.",
    "Facilitates access for data users in Burundi and abroad, including policymakers, financial sector participants, private investors, think tanks, and the media.",
    "Aligning data with the e-GDDS will:",
    "The IMF notes benefits including better sovereign financing conditions for countries participating in the e-GDDS; these benefits were reviewed by the IMF Executive Board in the context of the Tenth Review of the IMF Data Standards Initiatives.",
    "Bert Kroese, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department, stated: “I am confident that Burundi will benefit from using the e-GDDS as a framework for further development of its statistical system.”",
    "[Burundi and the IMF](http://www.imf.org/external/country/BDI/index.htm)",
    "[Japan and the IMF](http://www.imf.org/external/country/JPN/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[IMF’s Enhanced General Data Dissemination System (e-GDDS)](https://dsbb.imf.org/e-gdds)",
    "[IMF’s Dissemination Standards Bulletin Board](https://dsbb.imf.org/)",
    "[Tenth Review of the IMF Data Standards Initiatives](https://www.imf.org/en/News/Articles/2022/03/16/pr2276-imf-executive-board-concludes-the-tenth-review-of-the-imf-data-standards-initiatives)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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