Switzerland adopts new IMF statistical standard
Bern, 1.7.2015 - During its meeting today, the Federal Council decided to initiate implementation of the new statistical standard of the International Monetary Fund (IMF). The standard, which follows the G20's recommendations and came into effect on 18 November 2014, is designed to address statistical gaps and thus ensure the improved prevention and resolution of economic and financial crises. By implementing the standard, Switzerland will preserve its reputation in terms of the integrity, quality and transparency of key economic and financial data.