Fund takes charge on better financial data

imf-hq

The IMF will spearhead the charge to improve financial data by increasing the frequency of its data on international investment positions from once a year to quarterly "in order to better understand cross-border linkages," it said.

The Fund's executive board said that in the aftermath of the financial crisis, there was a broad consensus on the need to refine the its special data dissemination standard, which was set up in 1996. "The international community has identified the availability of

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