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Ms. Anne Y. Kester
Since the IMF launched the data standards initiatives a decade ago, 145 of its 184 member countries have participated. This 80 percent participation rate reaffirms the importance countries place on data transparency in the globalized economy, which the initiatives promote. The wide participation can be attributed to the consultative process that has allowed for the development of a coherent program that takes account of countries' capabilities, delineates clear responsibilities between the IMF and participating countries, and establishes effective monitoring procedures to ensure the credibility of the standards for policymakers, capital markets, and the general public. The approach has also provided checks and balances and fostered accountability. The initiatives may provide insights for the promotion of similar international standards.
Ms. Anne Y. Kester

are sent to the Board, copies are also made available to SDDS and GDDS country coordinators and to relevant international organizations for their information. Papers are issued several weeks before the Board’s discussion so that Executive Directors can elicit comments from their constituencies on the various proposals. The papers and related press releases are posted on the IMF Web site after the Board’s discussions. The reviews have covered both the substantive and the operational aspects of the initiatives. SDDS enhancements thus far have included adding to the

International Monetary Fund

the enhancements to the SDDS as well as the proposed SDDS Plus data categories. III. Proposals To Enhance The Sdds 27. The SDDS was designed to evolve over time to address new data needs and to keep its relevance to enable crisis prevention. SDDS enhancements are important to ensure that the objective of promoting transparency is maintained. The SDDS was established in the aftermath of the financial crises of the 1990’s (starting with the 1994 Mexican financial crisis), in response to the broad consensus that the lack of transparency in providing

International Monetary Fund
This report by the external panel of experts (“the panel”) examines the effectiveness and appropriateness of the safeguards policy over the ten years since the inception of the policy, and most particularly in the five years since its last review. Furthermore, the panel, drawing on its research and experience, aims to establish a course for the Executive Board to consider that would help the safeguards policy continually improve, adapt to changing world conditions, and remain viable and relevant for the next decade. In gathering data to form its opinion, the panel (i) consulted with stakeholders in the policy (including central bank authorities, IMF Executive Directors’ offices, Fund and World Bank staff, and international audit firms), (ii) examined safeguards and other Fund-specific documents, and (iii) researched international reference materials.
International Monetary Fund

analysis and policy dialogue (WEO, GFSR, G20-MAP, EWE) July WEO Quarterly Update/WEMD July WEO Quarterly Update/WEMD Informal Session 06/30/10 STA I.a Lead global analysis and policy dialogue (WEO, GFSR, G20-MAP, EWE) Addressing Data Issues in the Aftermath of the Crisis Overview of work in data gaps and SDDS enhancements (see attached file) Informal Briefing July FAD/MCM/RES/SPR I.a Lead global analysis and policy dialogue (WEO, GFSR, G20-MAP, EWE) EWE - Methodological Aspects Reviews EWE methodology with a view to potential outreach

International Monetary Fund

MCM Crisis Management and Resolution Examines the intervention measures and tools used in the recent crisis and compares and contrasts their efficacy, including against the experience of previous crises. Informal Board Session STA SDDS Enhancements: Progress and Future Refinements Describes progress made following recent enhancements to the SDDS approved by the Board in December 2008 (7th Review) and March 2010 on Financial Indicators. It will contain a staff proposal for possible future refinements to the SDDS Formal Board Meeting MCM

International Monetary Fund
Persistent challenges: The multi-speed nature of the global economic recovery is testing the system, with strains already appearing in the form of large capital inflows to many emerging market countries and exchange rate pressures. At the same time, slow employment growth, high indebtedness, and remaining financial sector fragilities in some countries could yet derail a fragile recovery. Only cooperative approaches will succeed in relieving tensions and building a strong and sustainable recovery, based on a more balanced pattern of global growth.
International Monetary Fund

Dissemination Initiative, the Special Data Dissemination Standard (SDDS) Plus, is intended primarily for economies that play a leading role in international capital markets and whose financial institutions are globally interconnected. During FY2018, Senegal subscribed to the SDDS. Enhanced General Data Dissemination System Under the enhanced General Data Dissemination System (e-GDDS), endorsed by the IMF Executive Board in May 2015, country authorities commit to publishing the data that support their ongoing policy dialogue with IMF staff. Publication must be

International Monetary Fund

Summary Data Page (NSDP). The NSDP, which is supported by the Open Data Platform, serves as a one-stop publication vehicle for key macroeconomic data. special data dissemination system China and Sri Lanka subscribed to the SDDS in 2015, bringing the total number of countries graduating from the GDDS (now the e-GDDS) to 15. Subscription to the SDDS enhances the availability of timely statistics, thereby contributing to sound macroeconomic policies and the more efficient functioning of financial markets. Data Gaps Initiative Given the significant