1. World Bank External Debt System SDMX Implementation

2. 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

3. 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  Automation not possible

4. 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

5. 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

6. DSD

7. SDMX Upload

8. New Loan Information Screen

9. Loan Transaction Screen

10. Loan number matching screen

11. Thank you