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International Monetary Fund

). Our experience with the ROSC exercise has been clearly positive through the whole process. Both during the mission from the IMF Statistics Department in Oslo in November 2002 and during the following contacts, including our opportunity to give factual corrections, the discussions took place in an open and fruitful manner. I would like to express my appreciation to all the IMF staff involved. Using the DQAF in producing the ROSCs has provided a most valuable approach to structuring the assessment of data quality in the six important data fields examined. This

International Monetary Fund

gaps against international standards at a specific point in time. It is also crucial that ROSC exercises generate a focused and prioritized list of recommendations, helpful for enriching the debate and supportive of a comprehensive agenda for reform, so that the authorities can act and move forward promptly, and in line with an efficient program of implementation. Thus, to fully appreciate the overall impact of a specific ROSC exercise it is crucial to look at a country experience for several years, particularly with respect to the follow up (i.e., dissemination

International Monetary Fund
This report is part of the 2011 ROSC Initiative review. It focuses on generating additional inputs for an informed assessment of the effectiveness of the Initiative in strengthening institutions in member countries. In particular, it analyses in detail a sample of twenty-two specific country experiences—at least two for each standard currently included in the Initiative. The review of specific country experiences with ROSC exercises—diagnosis and implementation of recommendations and follow-up—contributes to evaluate the extent to which ROSCs have been instrumental in identifying institutional weaknesses and contributed to promote financial reform and reduce financial vulnerability. This is an independent review prepared by an external consultant.
International Monetary Fund
The report highlights the actions taken by the authorities to address the issues raised by the 2002 Data Report on the Observance of Standards and Codes (ROSC) mission for all macroeconomics statistics included in the ROSC exercise, namely national accounts, price, government finance, monetary, and balance-of-payments statistics. It also analyzes the authorities' plans for further improving the quality of the statistics, and reviews Jordan’s current data dissemination practices against the requirements of the Special Data Dissemination Standard (SDDS).
International Monetary Fund

macroeconomics statistics included in the ROSC exercise (national accounts, price, government finance, monetary, and balance of payments statistics); (2) discuss with the authorities their plans for further improving the quality of the statistics; and (3) review Jordan’s current data dissemination practices against the requirements of the Special Data Dissemination Standard (SDDS). 3. During its stay in Amman, the mission met with the Minister of Finance, the Deputy Governor of the Central Bank of Jordan, and the Director of the Department of Statistics, and worked closely

International Monetary Fund

2 November, 2005 Report on the Observance of Standards and Codes Response from the Icelandic Authorities I. G eneral R esponse and T he C ross -C utting R ecommendations The Icelandic authorities—Statistics Iceland, the Central Bank of Iceland, and Ministry of Finance—are grateful for the opportunity to have some of the main official statistics reviewed and evaluated against the IMF’s Data Quality Assessment Framework. The ROSC exercise was found to be valuable and helpful in assessing current practices and methodologies. The authorities