FSB and IMF publish report on the second phase of the G20 Data Gaps Initiative and next steps

Article summary

The Financial Stability Board (FSB) and International Monetary Fund (IMF) have published a report marking the completion of the second phase of the G20 Data Gaps Initiative (DGI-2) and setting out priorities for a new initiative led by the IMF to address gaps relating to emerging policy needs. The report finds that significant progress has been made in addressing data gaps identified during the global financial crisis of 2007-08 through the two phases of the Data Gaps Initiative, including in the development of conceptual frameworks, and improvements made in data coverage, timeliness, and periodicity.