23 November 2005

IMF Report on the Observance of Standards and Codes (ROSC): Data Module Mission in Iceland

The International Monetary Fund has published on its website a Report on the Observance of Standards and Codes (ROSC) in connection with the Data Module assessment that was conducted in Iceland in February 2005. The assessment covered national accounts, price indices (consumer and producer), government finance statistics, monetary statistics and balance of payments statistics. Statistics Iceland, the Ministry of Finance and the Central Bank of Iceland participated in this assessment. This exercise falls under the domain of the IMF ROSCs and aims at summarising the extent to which countries observe certain internationally recognised standards and codes relating to the processing, quality and dissemination of official statistics. The objective of the exercise is also to encourage increased international harmonisation in the processing and integrity of disseminated official statistics.

The ROSC Data Module assessment is disseminated on the IMF’s website.

For further information, contact Mr. Sveinn E. Sigurdsson, Director of the Statistics Department of the Central Bank of Iceland, tel: +354-569-9600.

November 23, 2005