Ministry of Finance and Industry organizes seminar on development of UAE national statistics

Commenting on the seminar, H.E. Khaled Al Bustani, the Assistant Undersecretary for Resources and Budget, said: "This symposium is organized in line with ministerial directives regarding the development of the statistical base of the UAE with a view to broadening its scope of coverage". Al Bustani noted that a decree has been issued for the creation of a Statistics Coordination Committee (SCC) comprising representatives of the Ministry of Finance and Industry, the Ministry of Economy and Commerce, Ministry of Planning, and the Central bank. "The Ministry of Finance and Industry will chair the General Secretariat of the SCC," he said.

Al Bustani emphasized the vital importance of precise reporting and accurate statistical data in the process of economic development. He said, "Sound future planning largely depends on the accuracy of statistics which are invaluable inputs in the formulation of both social and economic policies."

The seminar will serve to highlight the importance of the SCC's role in improving the efficiency of statistical operations in the UAE. The SCC will prepared overall guidelines for the production and dissemination of statistical data that will streamline and improve the process across all government ministries, federal departments and authorities.