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Montenegro Implements the IMF’s Enhanced General Data Dissemination System
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Montenegro Implements the IMF’s Enhanced General Data Dissemination System

A mission of the International Monetary Fund (IMF)’s Statistics Department visited Podgorica during June 28–July 4, 2017 to assist the authorities with the implementation of the Enhanced General Data Dissemination System (e-GDDS) and the development of a National Summary Data Page (NSDP). Over the past months, the main statistical agencies involved have worked together to finalize the NSDP, utilizing the Statistical Data and Metadata Exchange (SDMX). The NSDP, which serves as a one-stop publication vehicle for essential macroeconomic data, is now posted on the website of the Statistical Office of Montenegro.

Publication of essential macroeconomic data through the new NSDP will provide policy makers and stakeholders, including investors and rating agencies, with easy access to information critical for monitoring economic conditions and policies. Making this information easily accessible in both human and machine-readable formats will allow all users to have simultaneous access to timely data. The authorities are preparing to release the data according to a disciplined dissemination schedule based on an Advance Release Calendar, which will bring greater data transparency to all users at the same time.

The authorities are very pleased that Montenegro has reached this important milestone in its quest for dissemination of quality statistics.

( source by IMF website)

 

 

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