The Financial Stability Board (FSB) and the International Monetary Fund (IMF) have jointly produced their second progress report on the implementation of the second phase of the G20 data gaps initiative (DGI-2). The main objective of DGI-2 is to implement the regular collection and dissemination of reliable and timely statistics for policy use.
The progress report notes that substantial progress has been made despite the challenges in implementing some of the recommendations that G20 Finance Ministers made in 2009 in order to close the data gaps that were identified following the global financial crisis. In particular, a new monitoring framework to help assess and track progress in implementing the recommendations has been agreed with the G20 economies.
The progress report has been delivered to G20 Finance Ministers and Central Bank Governors ahead of their meetings in Washington D.C. in October 2017.
It is intended that all the DGI-2 recommendations are fully implemented by 2021.
View FSB and IMF second progress report on phase 2 of G20 data gaps initiative, 21 September 2017