Last update 12 / 09 / 2017
For its role in raising statistical awareness within the economic survey
GaStat honours Tawuniya
H.E. Dr.Fahad Altekhaifi, the President of the General Authority for Statistics (GaStat), expressed his thanks to Tawuniya insurance company for supporting the operations of the economic survey of establishments (2016) that aim to support statistical awareness programs.
H.E. GaStat President stressed that giving the opportunity for the private sector to sponsor specialized surveys and research comes within the framework of enabling the support of statistical awareness, in which Gastat aims to raise the awareness of any research or study targeted groups to the importance of the information provided and its role in supporting relevant development decisions. He added that the private sector in the Kingdom of Saudi Arabia realizes its societal role and offers a number of supporting initiatives to achieve the goals of government agencies.
Dr. Altekhaifi explained that in this year, GaStat conducted its periodic economic survey through a series of economic research and surveys in order to provide detailed economic data of all establishments in the private and public sector and non-profit organizations to prepare indicators that help in recognizing the economic activities growth rate. More than 650 statistical researchers collected the data of 33,500 establishments in all regions of the Kingdom in order to obtain detailed economic data related to different aspects of the establishment.
Mr. Raed bin Abdullah Al-Tamimi, Tawuniya CEO, expressed pride in the strategic collaboration with GaStat through his visit to GaStat. He clarified that this sponsorship is part of the initiatives of Tawuniya to support the statistical awareness of the Saudi society because of the importance of its results in the development of the private sector. Mr. Al-Tamimi expressed his thanks to Gastat for giving them the opportunity to contribute in achieving the objectives of economic statistical products that supports the economic projects.
Mr. Al-Tamimi added that Tawuniya, as the leading insurance industry in the Kingdom, supports the economic projects especially small and medium enterprises and national authorities to complete the initiatives that have a positive impact on the society and insurance sector. He noted that Tawuniya has a great experience in insurance practices and provides a variety of insurance solutions that meet the needs of all business sectors, drawing attention that this approach is in line with the 2030 Saudi Vision.
Al-Tamimi asserted the importance of providing economic information about economic establishments to support decision makers in drawing a clear roadmap that contributes in implementing the goals and plans of the national transformation program. This program supports the role of economic establishments especially small and medium establishments in the GDP at a rate of up to 25% in 2020, which will contribute to reduce the dependence on oil and diversify sources of income.