Rwanda implements IMF’s enhanced general data dissemination system

DataIt focuses on providing easy access to essential information to the users. (Image source: timkaekler/Adobe Stock)Rwandan authority has started publishing International Monetary Fund’s (IMF) important macroeconomic data on the National Institute of Statistics’ web page, aiming to allowing national policy makers and domestic and international stakeholders to monitor economic conditions and policies

This marks the culmination of recent efforts by the principal statistical agencies working together to publish the data recommended under the IMF’s enhanced general data dissemination system (e-GDDS), while utilising the statistical data and metadata exchange.

In support of these efforts, a staff team from the IMF’s statistics department recently visited Kigali with an aim to assist with the implementation of the e-GDDS.

According to Rwandan authority, the publication of essential macroeconomic data through the new national summary data page (NSDP) is expected to provide national policy makers and stakeholders, including investors and rating agencies, with easy access to information that the IMF’s executive board has identified as important for monitoring economic conditions and policies.

This information can be accessible in both human and machine-readable formats, and in accordance with an advance release calendar, thus allowing the users to have simultaneous access to timely data with a greater data transparency.

In addition, it marks a major milestone in Rwanda’s roadmap towards subscription to the IMF’s special data dissemination, said the government.

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