The IMF Data Standards Initiatives enhance data transparency as a global public good. The Tenth Review updates the framework, in light of new data priorities, through a parsimonious and principles-based expansion of encouraged data categories covering selected aspects in the areas of public debt, macro-financial indicators, foreign exchange intervention, climate change-related policy, and gender- disaggregated labor market statistics. The Review also focuses on strengthening the monitoring of the first tier of the Data Standards Initiatives, the enhanced General Data Dissemination System (e-GDDS), and encouraging subscribers of the second tier, the Special Data Dissemination Standard (SDDS), to modernize data publication technology.
This Technical Assistance Report presents a summary and recommendations on multi-topic statistics diagnostic mission in the Republic of Uzbekistan. Since deciding to open up its economy, along with other important reforms in different areas of public governance, Uzbekistan embarked on an ambitious reform of its statistical system. The availability of higher quality economic statistics because of these reforms will support better decision-making and improve the investment climate and access to financing. In order to guide the reform of the statistical system, the authorities developed, jointly with the World Bank, and adopted in August 2020 the National Strategy for the Development of Statistics, 2020–25. Even with substantial improvements in Uzbekistan’s statistical system over the recent years, further significant efforts are necessary. There seems to be ongoing coordination and collaboration between the data-producing agencies in Uzbekistan; however, a more structured and formalized approach to inter-agency coordination would deliver substantial additional benefits. Improved coordination on methodological issues, including the classification of institutional units, will ensure improved coverage and consistent treatment across the different datasets, resulting in better quality and cross-sectoral consistency.
Panama’s statistical system is well established by a legal framework that generally provides the necessary authority for the collection and compilation of statistics. Panama has a well-developed macroeconomic statistical system and the government recognizes the importance of good statistics for policy and investment decisions. This Report on the Observance of Standards and Codes (ROSC) is a follow-up to the Panama ROSC issued in 2006. Since 2006, Panama has acted upon a number of the recommendations of the previous ROSC, has passed and implemented new statistical legislation, created the National Statistical Institute and enhanced its statistical compilation and dissemination practices. This report assesses the current state of the statistical system and makes a number of recommendations related to future developments that will further enhance the statistical system. The legal framework assigns responsibility for the socio-economic statistics to the Comptroller General of the Republic of Panama (CG), which is subsequently delegated to the National Statistical Institute (INEC). Among other social and economic data INEC compiles and disseminates national accounts, consumer price index (CPI), government finance, and external statistics. The MEF in collaboration with INEC also compiles and disseminates fiscal statistics. Given Panama’s long history of dollarization and absence of a central bank, there is no assignment of responsibility for compiling and disseminating a complete set of monetary and financial statistics. Instead, the Superintendency of Banks of Panama (SBP) produces banking sector statistics in line with its functions. Consequently, statistical practices for some elements of the DQAF do not apply to this sector (Box 1). Opportunities exist for improving the methodological basis and source data for most datasets.