Global Arab Network | IMF: Algeria marking a step forward in the development of its statistical system

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IMF: Algeria marking a step forward in the development of its statistical system

Global Arab Network - - Adam Turner

Tuesday, 21 April 2009 21:48

Algeria began participating in the International Monetary Fund's (IMF) General Data Dissemination System (GDDS) today, marking a major step forward in the development of its statistical system. Comprehensive information on Algeria’s statistical production and dissemination practices now appears on the IMF's Dissemination Standards Bulletin Board.

The Governor of the Bank of Algeria, The Honorable Mohammed Laksaci, stated: “I am very pleased that Algeria has begun to participate in the GDDS. Algeria is committed to building a national statistical system consistent with best international practices. The IMF's GDDS provides an excellent framework for the development of statistical systems and participation in it proves the commitment of the data producing agencies to implement short- and medium-term plans for strengthening the statistical system and to monitor progress. I am confident that Algeria’s GDDS participation will lead to the production and dissemination of more reliable and timely statistics.”

Ms. Adelheid Burgi-Schmelz, Director of the IMF Statistics Department, welcomed Algeria's GDDS participation and observed: “Algeria’s participation in the GDDS is a major milestone in the country's statistical development. I am confident that Algeria will benefit from using the GDDS as a framework for further development of its statistical system. Algeria’s participation in the GDDS would also encourage other countries in the region to follow the same path.”

The GDDS was established by the IMF in 1997. It provides a framework to help countries to develop their statistical systems to produce comprehensive and accurate statistics for policymaking and analysis. Algeria is the 95th GDDS participant.

Global Arab Network

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