IMF and GDDS

International Monetary Fund

The International Monetary Fund (IMF) is an international organization, working to foster global monetary cooperation, monitoring interest rates and balance of payment, as well as for providing technical and financial assistance. Currently, 187 countries are IMF members.
There are three main activity areas: surveillance, financial and technical assistance. Monitoring consists of estimates of the monetary exchange regulations of the Member States with regard to the belief that a strong and consistent economic policy leads to a stable exchange rate and contributes to the growth and development of world economy. Financial assistance includes loans to members of the IMF. As regards technical assistance, the IMF provides technical assistance to its members for creating and implementing financial and monetary policies, the establishment of institutions and for statistics data. 
 
General Data Dissemination System

Montenegro began its participation in the General Data Dissemination System – (GDDS), on December 5, 2011 within IMF.
The General Data Dissemination System is a structured process through which IMF member countries commit voluntarily to improving the quality of the data produced and disseminated by their statistical systems over the long run to meet the needs of high-quality macroeconomic analysis.
The purpose of the GDDS is to guide countries in developing sound statistical systems, with special emphasis on comprehensiveness, reliability and timeliness of data, and the practice of dissemination of economic, financial and socio-demographic data. GDDS metadata are divided in the following categories: real sector, fiscal sector, external sector and socio-demographic data.
To see the GDDS metadata of the Montenegro published on the IMF’s Dissemination Standards Bulletin Board (DSBB), please check the following link:  GDDS

 

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