Chad Implements the International Monetary Fund’s Enhanced General Data Dissemination System
IMF News, July 18, 2022
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Bibliographic details
- Published: July 18, 2022
Implementation summary
- Press Release No. 22262 dated July 18, 2022.
- Chad has implemented the recommendations of the IMF’s Enhanced General Data Dissemination System (e-GDDS) by publishing essential macro-economic and financial data through a National Summary Data Page (NSDP).
- The NSDP is hosted by the National Institute of Statistics, Economic and Demographic Studies (INSEED) of Chad, utilizing the Statistical Data and Metadata Exchange.
Purpose and scope of the e-GDDS / NSDP
- The e-GDDS was established by the IMF in 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and policymaking.
- The NSDP is described as a national “data portal” and a one-stop publication vehicle for essential macroeconomic data on:
- national accounts,
- government operations and debt,
- monetary and financial sector,
- external sector.
- The NSDP contains links to statistics published by the Ministry of Finance and Budget, INSEED, and the National Directorate of the Bank of Central African States.
Expected benefits and users
- Publication of essential macroeconomic data through the NSDP will provide national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information critical for monitoring economic conditions and policies.
- Making information easily accessible in both human- and machine-readable formats will allow users to have access to timely data and bring greater data transparency.
Institutional reaction and validation
- J. R. Rosales, Acting Director of the IMF’s Statistics Department, commented: “I am confident that Chad will benefit from using the e-GDDS as a framework for further development of its statistical system.”
- The benefits in implementing the e-GDDS have recently been reviewed by the IMF Executive Board in the context of the Tenth Review of the IMF Data Standards Initiatives.
Support and financing
- Chad has benefitted from a project on Improving Data Dissemination for Globally Selected Countries, financed by the Government of Japan through the Japan Administered Account for Selected Fund Activities (JSA).
Contact and media
- IMF Communications Department, MEDIA RELATIONS, PRESS OFFICER: Pemba Sherpa.
- Phone: +1 202 623-7100
- Email: MEDIA@IMF.org
- @IMFSpokesperson
Source: Chad Implements the International Monetary Fund’s Enhanced General Data Dissemination System (Press Release No. 22262, July 18, 2022).