29 Mar 2024

Last update 19 / 09 / 2017

Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings

 

UN International Comparison Program board of directors holds second meeting

Dr. Altekhaifi: KSA's distinctive work at statistics leads to council membership and participation in recurring meetings

Saudi Arabia has participated at the second meeting of the board of directors of the International Comparison Program (ICP), which was held at Washington D.C. early this week.  His Excellency, president of the General Authority for Statistics, Dr. Fahad bin Sulaiman Altekhaifi, confirmed that the program’s work and results will help shape policies for global comparison to support statistical products of the participating countries. It will also enable the General Authority for Statistics to access the best global practices for statistics for the purpose of improving and developing the statistical work. Also, it will raise the quality of the data, which will reflect positively on the decisions for development that rely mainly on statistics. 

On the other hand, his excellency Dr. Altekhaifi pointed out that the board of directors, which has 11 countries including Saudi Arabia, which represents west Asia, has looked into the progress made when implementing the 2017 cycle in the participating areas. The council also specified a list of research topics including, implementing a rolling survey approach and building Purchasing Power Parity (PPP) time series, integrating ICP and Consumer Price Index (CPI) activities, Streamlining the process of establishing product lists and the use of importance indicators, improving the availability and quality of input data for rents, government services, and construction, streamline the use of productivity adjustments for government services, fine tuning global linking procedures, quality assurance of resulting PPPs and measures of reliability and other topics related to statistical work.  

Dr. Altekhaifi added that the ICP selecting of Saudi Arabia for the membership at the 2017-2019 cycle came as a result of the positive role of the General Authority for Statistics in different statistical programs organized by the UN. It also confirmed the kingdom’s effective role on the global map of statistics. Moreover, it reflects the results of the strategic transformation of the kingdom’s Statistic sector, which the leadership cares for and supports due to its role in aiding the national development decisions.  The ICP, which is under the supervision of the World Bank, is a partnership program for statistics on a global level. It is based on a statistical system that is connected with economic analysis. It uses statistical methods to derive the necessary data to calculate the PPP for about 200 countries and economies worldwide. It will facilitate the use of PPP as currency converters. That will allow for the comparison of the total economic indicators and the economic situations of countries worldwide.  

It is noteworthy to mention that the ICP board of directors is compiled of executives, chairpersons, and leading experts in 11 statistical devices participating in the program. They are distributed according to the regional areas: Africa, Asia, Pacific Islands, Latin America, the Caribbean, West Asia, Commonwealth of Independence States, European Union, non-European Union States, members of the organization for Economic Cooperation and Development, representatives of the International Monetary Fund, World Bank, UN Statistics Division, and the Inter-Agency Coordination Group.

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