Via IMF (Den Internationale Valutafond)

Cabo Verde Implements the International Monetary Fund’s Enhanced General Data Dissemination System

January 15, 2020

Cabo Verde has launched a National Summary Data Page (NSDP) in implementing
the recommendations of the IMF’s enhanced General Data Dissemination System
(e-GDDS). The page serves as a one-stop publication vehicle for essential
macroeconomic data in both human and machine-readable formats. 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 NSDP is hosted on the African Development Bank’s Open Data Platform
(ODP), utilizing the Statistical Data and Metadata Exchange, and is
accessible on the
IMF’s Dissemination Standards Bulletin Board
. The NSDP contains links to statistics published by official data
producers, namely the Central Bank of Cabo Verde, the National Institute of
Statistics, and the Ministry of Finance.

Publication of essential macroeconomic data through the NSDP will provide
national policy makers and domestic and international 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 users to have simultaneous access to timely data and bring
greater data transparency.

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

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