Cambodia to Implement the IMF’s Enhanced General Data Dissemination System
April 27, 2018
The National Bank of Cambodia, National Institute of Statistics, and the Ministry of Economy and Finance hosted a mission of the International Monetary Fund (IMF)’s Statistics Department during February 7-13, 2018 to assist with the implementation of the Enhanced General Data Dissemination System (e-GDDS), which was endorsed by the IMF’s Executive Board in May 2015. The mission supported the development of the National Summary Data Page (NSDP)—a national “data hub”—that features data dissemination in Statistical Data and Metadata eXchange (SDMX) machine readable format as well as human readable format. The NSDP aims to serve as a one-stop publication vehicle for key macroeconomic and financial data. Cambodia’s NSDP will go live by May 30, 2018.
To mark this major milestone in Cambodia’s statistical development, H.E Mrs. Hang Lina, Director General of National Institute of Statistics, Cambodia noted that “The implementation of the e-GDDS would facilitate our efforts to achieve our goal of improving the National Strategic Development Statistics (NSDS) for 2019-2023”
The new NSDP will provide national policy makers and a broad range of national and international stakeholders, including investors and rating agencies, with easy access to information that the IMF’s Executive Board has identified as critical for monitoring economic conditions and policies in a country. Making this information available in both human and machine‐readable formats simultaneously to all data users will bring greater data transparency.
The e‐GDDS was endorsed by the IMF’s Executive Board in May 2015 to support improved data transparency, encourage statistical development, and help create synergies between data dissemination and surveillance. The e‐GDDS is an advance beyond the GDDS, which was established in 1997. A link to Cambodia’s NSDP will be available on the IMF’s Dissemination Standards Bulletin Board (DSBB) by May 30, 2018 at http://dsbb.imf.org/.