Cambodia
to Implement the IMF’s Enhanced
General Data Dissemination System
Press Release
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/.