In another development, the Inter-Agency Task Force on Finance Statistics12 has agreed to build on and replace the existing set of BIS/OECD external debt statistics with a new set13 of debt statistics which is jointly issued by the BIS, IMF, OECD and World Bank. It brings together for the first time the best international comparative data currently available on external debt.
This data will be published quarterly from 15 March onwards, on as timely a basis as possible. 14 The monitoring statistics referred to above are drawn in very large part from the on-balance sheet positions of a limited number of (albeit important) creditor institutions.