Please send us your feedback

STA

Conference

CONNECT VIA IMF Podcast IMF Twitter IMF LinkedIn IMF RSS IMF YouTube IMF Flickr IMF Email Notification IMF Social Media Hub IMF App for iOS IMF App for Android
SDR Rates for November 20 SDR Interest Rate = 0.721% | 1 USD = SDR 0.708751 MORE

Global Conference on the G-20 Data Gaps Initiative (DGI)

Basel, Switzerland, June 25–26, 2014

The Statistics Department of the IMF jointly with the Financial Stability Board (FSB) Secretariat organized a conference of G-20 senior officials on the G-20 Data Gaps Initiative in Basel, Switzerland, during June 25-26, 2014.

The conference was part of the consultation process leading to the preparation of the fifth progress report to be delivered to the G-20 Ministers of Finance and Central Bank Governors in September 2014.

The main purpose of the Conference was to take stock of the progress made in implementing the DGI recommendations over the past five years, discuss the way forward in the context of evolving policy requirements and national priorities, and how the use of the DGI datasets can be best promoted. Participants included senior representatives from G-20 member economies, as well as The Netherlands, Spain, Switzerland, Singapore and International Financial Institutions. Mr. Svein Andresen, FSB Secretary General, delivered a keynote speech and Mr. Robert Heath, Deputy Director, IMF Statistics Department, and Mr. Pietro Franchini, Member of FSB Secretariat delivered the welcoming remarks.

The conference featured presentations and contributions from the G-20 member economies and international institutions working on the G-20 recommendations to address data gaps highlighted by the global crisis, including the FSB Secretariat, and the members of the Inter-Agency Group on Economic and Financial Statistics (IAG)–Bank for International Settlements, European Central Bank, Eurostat, IMF (chair), the Organisation for Economic Co-operation and Development. The conclusions of the conference informed the preparation of the fifth progress report. The summary proceedings and related documents are as follows.


Agenda


Wednesday, June 25, 2014

Preparing the Report to G-20 Finance Ministers and Central Bank Governors

8:30-9:00

Registration and Coffee

9:00-9:15

Welcome remarks by

Mr. Pietro Franchini, FSB

Mr. Robert Heath, IMF

9:15-9:30

Keynote Speech by:

Mr. Svein Andresen, Secretary General, FSB

9:30-11:00

Session I: Addressing the Gaps-The DGI at Five Years

This session provides an overview of the progress over the last five years, the remaining work ahead, and action plans.

Chair: Mr. Robert Heath, IMF

Country presentations: USA, South Africa, Indonesia

11:00-11:30

Coffee break

11:30-13:00

Session II: Challenges in Completing the DGI Recommendations and Key Themes Emerging from Recent Bilateral Consultations

This session discusses the challenges in completing the G-20 DGI including those that emerged from the recent IMF bilateral and regional consultations with G-20 economies.

Chair: Pietro Franchini, FSB

Country presentations: Turkey, Russia

13:00-14:30

Lunch

14:30-16:00

Session III: Beyond 2015-Where do we go from here?

This session discusses the way forward post the G-20 DGI.

Chair: Mr. Pietro Franchini, FSB

Country presentations: France

16:00-16:30

Coffee Break

16:30-18:00

Session IV: Data availability

This session discuses the work being undertaken to enhance the provision of comparable economic and financial statistics.

Chair: Mr. Robert Heath, IMF

Thursday, June 26, 2014

The User Perspective

9:00-11:00

Session I: Promoting the use of DGI data

This session discusses how the G-20 DGI datasets are being used, and ideas for further promotion of these data that could be presented in the report to G-20 Finance Ministers and Central Bank Governors and thereafter implemented.

Chair: Mr. Nigel Jenkinson, FSB

Country presentations: Canada, UK

10:00-11:30

Coffee Break

11:30-12:30

Session II: Emerging information needs and new data initiatives

This session will present the new data initiatives arising from the G-20, emerging national priorities and how they might fit into a post G-20 DGI agenda for the G-20.

Chair: Mr. Robert Heath, IMF

12:30-13:45

Lunch

13:45-14:15

Session III: Progress report on the Implementation of SNA 2008 by Mr. Peter Van de Ven, OECD

Participants are welcome to share their experiences in implementing SNA2008

14:15-15:00

Wrapping–Up (Summary of Main Conclusions) by Mr. Robert Heath, IMF and Mr. Pietro Franchini, FSB.

Disclaimer

The views expressed in these papers are those of the authors only, and the presence of them, or of links to them, on the IMF website does not imply that the IMF, its Executive Board, or its management endorses or shares the views expressed in the papers.