Namibia has subscribed to the IMF’s Special Data Dissemination Standard (SDDS), becoming the fifth country in Sub-Saharan African to reach this goal.
By subscribing to the SDDS, Namibia graduated from the Enhanced General Data Dissemination System in which the country had participated since June 27, 2016.
“I congratulate the authorities on the subscription to the SDDS. It underscores Namibia’s strong commitment to transparency and is a significant achievement in implementing internationally accepted best practices in statistics and data dissemination. This achievement will serve Namibia well, especially, in this fast changing and vulnerable global environment. As IMF research showed, the implementation of the data dissemination standards, including subscription to the SDDS, is associated with a significant improvement in countries’ sovereign financing conditions,” Bert Kroese, Chief Statistician and Data Officer, and Director of the IMF’s Statistics Department said.
Special Data Dissemination Standard (SDDS) is an International Monetary Fund standard to guide member countries in the dissemination of national statistics.
The SDDS was established in 1996 to guide countries that have, or that might seek, access to international capital markets in the dissemination of economic and financial data to the public.
