World Bank External Debt System SDMX Implementation External

World Bank External Debt System SDMX Implementation

External Debt System �The World bank External Debt System (WBXD) ◦ ◦ ◦ Repository of statistical data on external debt Loan by loan details of all loans of all countries Loan information provided by each country Monitors external debt of various countries Generates reports based on the data

Current data collection process ◦ Method �Countries use system’s developed by UNCTAD or COMSEC �Report yearly loan information in electronic format (Excel) �Two excel sheet provided �One excel for reporting new loans �One excel sheet for reporting transactions of old loan ◦ Drawbacks �Loan number used to uniquely identify a loan for transactions �Sometime countries change loan number �Difficulty in matching loan information across years �Different countries have different code for same data

SDMX � New system developed to collect data in SDMX format � Benefits ◦ Cleaner consistent data due to code list standardization ◦ Better utilization of debt specialists time as data cleaning is minimal ◦ Ability to match loans using parameters other then loan number ◦ Single SDMX-ML file containing new loan and transactions ◦ Can be automated

Steps taken � Preparing a list of all data collected � Identifying data that can be codified � Prepare detailed code list � Agreement on code list � Identification of Dimensions, Attributes and Measures � Identifying type of SDMX-ML needed (Cross Section) � Preparation of DSD � Preparation of sample SDMX-ML based on DSD � Close coordination with UNCTAD and COMSEC

DSD

SDMX Upload

New Loan Information Screen

Loan Transaction Screen

Loan number matching screen

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