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International Monetary Fund. Statistics Dept.
The IMF Data Standards Initiatives enhance data transparency as a global public good. The Tenth Review updates the framework, in light of new data priorities, through a parsimonious and principles-based expansion of encouraged data categories covering selected aspects in the areas of public debt, macro-financial indicators, foreign exchange intervention, climate change-related policy, and gender- disaggregated labor market statistics. The Review also focuses on strengthening the monitoring of the first tier of the Data Standards Initiatives, the enhanced General Data Dissemination System (e-GDDS), and encouraging subscribers of the second tier, the Special Data Dissemination Standard (SDDS), to modernize data publication technology.
International Monetary Fund

, to maintain an NSDP, and to observe the metadata certification and monitoring requirements set forth in Sections III.2.2, III.2.3, and III.2.4, III.3.1, respectively. 4.2 Any deviations from the SDDS Plus undertakings set forth in this decision with regard to the specific areas described in the previous paragraph will be subject to the same nonobservance procedures applicable to SDDS subscribers as set forth in the SDDS decision. If the Executive Board decides to delete the adherent’s metadata from the DSBB in application of the SDDS nonobservance procedures in a

International Monetary Fund
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. Following consultations conducted between Fund staff and members’ authorities of potential adherents to the SDDS Plus, it appeared necessary to introduce certain modifications to the SDDS Plus legal framework to facilitate adherence. These modifications are consistent with views expressed by Executive Directors in informal discussions with staff, and entail (i) extending the timeliness of three data categories and (ii) maintaining consistency with the principle underlying the SDDS Plus framework under which subscribers may chose to adopt new methodologies or continue to follow older ones. The Executive Board approved, on a lapse-of-time basis, the proposed decision in the paper. The existing rules governing the SDDS Plus are superseded by the new SDDS Plus legal text.
International Monetary Fund. Statistics Dept.

public debt, macro-financial conditions, foreign exchange intervention (FXI), and indicators related to climate change and gender; introducing a clause of “force majeure” to permit suspension of the activation of nonobservance procedures when unforeseen circumstances beyond the authorities’ control materialize (which is reflected in the amendments to the SDDS Decision; see Proposed Decisions); and potential scope for future reviews to remain aligned with emerging medium-term surveillance priorities. 5. The Tenth Review benefited from the staff’s broad outreach

International Monetary Fund. Legal Dept.

.2 Any deviations from the SDDS Plus undertakings set forth in this decision with regard to the specific areas described in the previous paragraph will be subject to the same nonobservance procedures applicable to SDDS subscribers as set forth in the SDDS decision. If the Executive Board decides to delete the adherent’s metadata from the DSBB in application of the SDDS nonobservance procedures in a case of deviations arising solely from a nonobservance by the adherent of its undertakings under the SDDS Plus, the adherent’s metadata would be removed from the SDDS Plus

International Monetary Fund. Legal Dept.

to the specific areas described in the previous paragraph will be subject to the same nonobservance procedures applicable to SDDS subscribers as set forth in the SDDS decision. If the Executive Board decides to delete the adherent’s metadata from the DSBB in application of the SDDS nonobservance procedures in a case of deviations arising solely from a nonobservance by the adherent of its undertakings under the SDDS Plus, the adherent’s metadata would be removed from the SDDS Plus and be disseminated under the SDDS. The subscriber would, Therefore, no longer be an

International Monetary Fund. Legal Dept.

NSDP, and to observe the metadata certification and monitoring requirements set forth in Sections III.2.2, III.2.3, III.2.4, and III.3.1, respectively. 4.2 Any deviations from the SDDS Plus undertakings set forth in this decision with regard to the specific areas described in the previous paragraph will be subject to the same nonobservance procedures applicable to SDDS subscribers as set forth in the SDDS decision. If the Executive Board decides to delete the adherent’s metadata from the DSBB in application of the SDDS nonobservance procedures in a case of