G20 DGI Recommendations and Data

In 2009, the G20 Finance Ministers and Central Bank Governors (FMCBG) endorsed a set of recommendations to support enhanced policy analysis of emerging risks and close the data gaps identified following the global financial crisis. In September 2015, the G20 FMCBG acknowledged the progress made and endorsed the completion of the first phase of the Data Gaps Initiative (DGI-1) and the launch of its second phase (DGI-2). The DGI-2 maintains continuity with the DGI-1 and its main objective is to implement the regular collection and dissemination of reliable and timely statistics for policy use. DGI-2 also includes new recommendations to reflect evolving policymaker needs.

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About the DGI

In 2009, the G20 Finance Ministers and Central Bank Governors (FMCBG) endorsed 20 recommendations to address data gaps revealed by the global financial crisis. The initiative, aimed at supporting enhanced policy analysis, is led by the Financial Stability Board (FSB) and the International Monetary Fund (IMF). The Inter-Agency Group on Economic and Financial Statistics (IAG) plays the global facilitator role to coordinate and monitor the implementation of the DGI recommendations.

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