allAfrica.com
The Central African Republic Formally Begins Participation in the IMF’s
General Data Dissemination System
International Monetary Fund (Washington, DC)
July 16, 2004
Posted to the web July 19, 2004
Washington, DC
The Central African Republic has begun participating in the International
Monetary Fund’s General Data Dissemination System (GDDS), marking an
important step forward in the development of the country’s statistical
system. Comprehensive information on its statistical production and
dissemination practices were published on the IMF’s Dissemination Standards
Bulletin Board (DSBB) on
June 14, 2004.
The GDDS, established by the IMF in 1997, provides a framework to assist IMF
member countries to develop their statistical systems with the objective of
producing comprehensive and accurate statistics for policy-making and
analysis. It addresses the quality and the dissemination of data. In
addition, the DSBB for the Central African Republic shows the country’s
plans for improvements in its statistical infrastructure and its related
technical assistance needs. This information provides the international
community with useful information to develop and coordinate their technical
cooperation projects in the Central African Republic.
Since its inception, 78 countries have participated in GDDS and have had
their metadata published in the IMF’s DSBB. Of this total, four countries
(Armenia, Bulgaria, Kazakhstan, and the Kyrgyz Republic) have graduated to
the Special Data Dissemination Standard (SDDS).
Mrs. Carol S. Carson, Director of the IMF’s Statistics Department, noted
that GDDS participation was a milestone for these countries. “I am pleased
to note that the Central African Republic has joined the large number of
countries already participating in the GDDS. The commitment being made by
the Central African Republic to improve statistics is an important one,
allowing the country to take full advantage of this framework for developing
their economic, financial, and socio-demographic data.”
