Public Information Notice: IMF Executive Board Reviews Data Provision for Surveillance
April 12, 2004

Public Information Notice: IMF Approves Decisions Strengthening the Effectiveness of the Legal Framework for the Provision of Information to the Fund
February 23, 2004

The Balance Sheet Approach and its Applications at the Fund
June 30, 2003

Public Information Notice: IMF Executive Board Reviews Data Provision for Surveillance
November 18, 2002

Public Information Notice: IMF Executive Board Reviews Data Provision for Surveillance
August 11, 2000

Special Data Dissemination Standard (SDDS)

General Data Dissemination System (GDDS)

IMF Surveillance

Articles of Agreement of the International Monetary Fund

Review of Data Provision to the Fund for Surveillance Purposes

Prepared by the Policy Development and Review and Statistics Departments
(In collaboration with Other Departments)

Approved by Mark Allen and Carol S. Carson

February 24, 2004

Use the free Adobe Acrobat Reader to view the pdf file (225 kb)

Contents
I. Introduction and Executive Summary
II. Data Provision Framework—Developments and Implications
  A. The Data Provision Framework
      Current status
Proposed modification
  B. Observed Trends in Provision of Core Indicators and Treatment of Data Issues
  C. Implications of the Review and Further Recommendations
III. Meeting Evolving Data Needs
  A. Policy Initiatives and Data Needs
      Balance Sheet Approach (BSA)
Debt Sustainability Assessments (DSAs)
Liquidity management
Financial Soundness Indicators (FSIs)
  B. An Action Plan
      Current steps
Additional steps
IV. Consistency Among Published Datasets
  A. What is the Issue?
  B. How to Address this Issue?
      Metadata and disclaimers
Common sourcing
V. Resource Implications
VI. Issues for Discussion
Text Tables
1. Lags in Reporting High-Frequency Indicators in 2002/3
2. Lags in Reporting Low-Frequency Indicators in 2002/3
3. Assessment of Article IV Consultation Reports and Summings Up
4. Assessment of Statistical Issues Appendices
5. Lags in Reporting High-Frequency Indicators in 2002/3, by Country
6. Lags in Reporting Low-Frequency Indicators in 2002/3, by Country
Box
1. Surveillance Initiatives, Data Needs, and Data Implications
Appendices
I. Summary of Executive Board Discussions
II. Table of Common Indicators Required for Surveillance
III. Trends in the Provision of Core Statistical Indicators
IV. Peru: Statistical Issues Appendix—An Example
V. Data Collection and the Balance Sheet Approach—Case Study of Brazil
Appendix Tables
7. Survey of Core Indicators: Statistical Summary of Periodicity of Indicators
8. WEO Country Classification
9. Brazil: Intersectoral Asset and Liability Position, September 2002
Appendix Figures
1. Frequency Distribution of Data Lags, High Frequency Indicators, 2001/03
2. Frequency Distribution of Data Lags, Low Frequency Indicators, 2001/03
3. Frequency Distribution of Data Lags, High Frequency Indicators-50 country sample, 1995/2003
4. Frequency Distribution of Data Lags, Low Frequency Indicators-50 country sample, 1995/2003