10.1 Reviews of the GDDS content and implementation procedures will be conducted by the IMF at intervals determined by the Executive Board. The views of both producers and users of data will be sought. At the completion of these reviews, revisions of the GDDSframework may be adopted. Reviews of the Fund’s Data Standards’ Initiatives are available on the DSBB ( www.imf.org/external/np/sta/dsbb/list.htm ).
10.2 Members may withdraw their participation at any time. They may do so by sending an appropriate communication to the director of the Statistics
Purposes and Framework of the GDDS
2.1 The purposes of the GDDS are to: (i) encourage member countries to improve data quality; (ii) guide member countries in the provision to the public of comprehensive, timely, accessible, and reliable economic, financial, and sociodemographic statistics; and (iii) provide a framework for evaluating needs for data improvement and dissemination as well as for setting statistical priorities. The GDDSframework comprises four dimensions described in detail ahead: (1) coverage, periodicity, and timeliness of data; (2) access
The Special Data Dissemination Standard Plus (SDDS Plus) was established in October 2012 to reinforce and supplement the Fund’s Data Standards Initiatives and assist Fund members who decide to adhere to the SDDS Plus with regard to the publication of comprehensive, timely, accessible, and reliable economic and financial statistical data in a world of continuing economic and financial integration. The SDDS Plus also requires adherents to disseminate metadata to promote public knowledge and understanding of their compilation practices with respect to the required data categories. During the Ninth Review of the Fund’s data Standards Initiatives in May 2015 executive directors supported changing the transition period to meet all SDDS Plus requirements to five years after the adherence date. On July 1, 2015, the Executive Board approved the proposed change. The existing rules governing the SDDS Plus are superseded by the new SDDS Plus legal text.