Mongolia adopts IMF’s enhanced general data dissemination system
On September 7, the National Statistical Office (NSO) began publishing critical macroeconomic data in the national summary data page (NSDP) as part of joint efforts between IMF and the government.
NSO has begun publishing economical data recommended under the IMF’s enhanced general data dissemination system (e-GDDS) while utilizing the statistical data and metadata exchange. Publication of essential macroeconomic data is intended to offer financial bodies easy access to information that the IMF’s executive board has identified as critical
A mission of IMF’s statistics department visited Ulaanbaatar from June 28 to July 4 to assist with the implementation of the e-GDDS.
IMF believes that the publication of essential macroeconomic data through the new NSDP will provide national policy makers and domestic and international stakeholders, including investors and rating agencies, with easy access to information that IMF’s executive board has identified as critical for monitoring economic conditions and policies. Making this information easily accessible in both human and machine-readable formats, and in accordance with an advance release calendar, allows all users to have simultaneous access to timely data, bringing greater data transparency.