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03 Jan 2006
   

The International Monetary Fund Announces Participation of Qatar In General Data Dissemination System (GDDS)

 
   

 


The International Monetary Fund (IMF) announced on Friday 30 December 2005, on its website, official participation of Qatar in the general data dissemination system (GDDS).

 
   


GDDS, as an organized operation, aims to fulfill the statistical needs emerged from world economies globalization. Demand for diversified economic statistics raised to be foundation for management of macroeconomics, in addition to assisting member states to develop its statistical systems in the shadow of increased demand for useful, accurate and comprehensive statistics for developing policies and analysis. IMF supports such efforts by providing technical assistance and encouraging other sources to provide the same.

This announcement comes as result of the visit carried out by group of IMF experts, within a multi-sector mission composed of seven experts in the fields of national accounts, government finance statistics, balance of payments, prices and index numbers, foreign trade statistics, labor force and other financial and monetary statistics. A comprehensive review of the statistical systems in Qatar was carried out by this mission during 26 January ذ 8 February 2005. The mission convened meetings and interviews with officials and specialists at the Ministry of Finance, Qatar Central Bank, Doha Securities Market and the Secretariat General of the Planning Council.

It is noteworthy that Qatar is the first Country that participates in GDDS after implementation of Data Quality Assessment Framework (DQAF) in preparing the metadata.

The Secretariat General of the Planning Council played vital and important role in hosting and managing the agenda of the multi-sector mission. The Secretariat General of the Planning Council organized and prepared meetings and interviews with officials and specialists in all concerned authorities, in addition to organizing a seminar on concepts and objectives of GDDS for representatives of concerned authorities. The Secretariat General of the Planning Council had an active role in the revision of its work with the multi-sector mission.

It is worth mentioning that GDDS is an organized operation committed by all member states voluntarily to perform long range improvements in data quality produced and disseminated by its statistical systems. GDDS works on developing statistical systems in a way reflecting the fact of participating countries. It as well urges countries to utilize sound statistical practices, methods and procedures in preparing economic, financial, social and demographic statistics.

The role of GDDS is to facilitate development of statistical systems of member states, by disseminating the metadata about statistical practices and development plans of countries participating in GDDS. GDDS works on strengthening communication and coordination between all authorities with statistical activities in the participating country.

Participation of Qatar and its metadata could be viewed on IMF website through the following link:

http://dsbb.imf.org/Applications/web/gdds/gddscountrycategorylist/?strcode=QAT

More information about GDDS are available on:

http://dsbb.imf.org/Applications/web/gdds/gddswhatgdds