GASTAT Participates in ICP Board of Directors Fourth Meeting (2019)

The General Authority for Statistics (GASTAT) has participated in the International Comparison Program (ICP) board of directors fourth meeting held in New York, USA, on Sunday Jumada Al-Thani 26th, 1440 H. (March 3rd, 2019). Dr Fahad Altekhaifi, the President of GASTAT, indicated that the board of directors comprises eleven state members including the Kingdom of Saudi Arabia which represents West Asia. It discussed the progress reached so far in the implementation of the ICP of 2017, the communication and dissemination strategy, the preparation for the forthcoming session in 2020 in addition to the discussion of several other topics relevant to statistical work.  
Dr Altekhaifi also added that the selection of Saudi Arabia to be a member in the ICP board of directors for the years 2017-2019 comes as a recognition of GASTAT positive role in the various statistical programs organized by the United Nation. He also said that it is an affirmation of the Kingdom’s active role in the world’s statistical map, and reflects the results of the statistical sector strategic transformation in the Kingdom, which is supported by the government due to its role in supporting national development decisions. The World Bank's International Comparison Program is a global statistical partnership program based on a statistical system that is integrally connected to the 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, which will allow the comparison of the total economic indicators and the economic conditions of countries worldwide which helps to allow users to track progress towards achieving sustainable development goals and effectively guide programs towards their goals. The program is geographically divided into six regions under the supervision of the ICP office at the World Bank.
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 GASTAT to access the best statistics global practices to improve and develop the statistical work.
It is noteworthy to mention that the ICP board of directors is compiled of, chairpersons, directors and leading experts in 11 statistical agencies 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.