• Timor-Leste Implements the International Monetary Fund’s Enhanced General Data Dissemination System

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Timor-Leste Implements the International Monetary Fund’s Enhanced General Data Dissemination System

nsdp

Timor-Leste has launched a National Summary Data Page (NSDP), implementing the recommendations of the Enhanced General Data Dissemination System (e-GDDS). The NSDP is an economic “data hub” for the publication of official macroeconomic statistics, both in human and machine-readable formats. Timor-Leste has benefitted from a project on the Improvement of Data Dissemination in the Asia and Pacific Region, financed by the government of Japan, which aims to assist countries to promote data dissemination under IMF’s data standards initiatives.

The NSDP is hosted by the General Directorate of Statistics on its website, utilizing the Statistical Data and Metadata Exchange (SDMX) standard for machine-readable data transmission. A link to Timor-Leste’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board .

Publication of the country’s key macroeconomic data through the NSDP will provide policy makers, domestic 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 and financial developments in the country. Making this information easily accessible in both human and machine-readable formats in one place will allow all users to have simultaneous access to timely data, will bring greater data transparency, and simplify Timor-Leste’s reporting to different agencies.

Louis Marc Ducharme, Director of the IMF’s Statistics Department, welcomed this major milestone in the country’s statistical development. “I congratulate the authorities of Timor-Leste for the launch of the NSDP, an important step forward in data dissemination. I am confident that Timor-Leste will benefit from using the e-GDDS as a framework for further development of its statistical system.”

Background

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 supersedes the GDDS, which was established in 1997. A link to the country’s NSDP is available on the IMF’s Dissemination Standards Bulletin Board (DSBB) at https://dsbb.imf.org