RIYADH: Saudi Arabia’s General Authority for Statistics and the National Center for Debt Management have signed an agreement to enhance cooperation, coordination and integration.
The memorandum of understanding calls for the development of a framework for joint activities and tasks, the authority said on Wednesday.
It also covers the sharing of technical and scientific expertise and support, the exchange of advice and information, and opportunities for employees of the organizations to participate in professional-development activities including training courses, seminars, scientific conferences and workshops.
The president of the statistics authority, Fahad Al-Dossari, and CEO of the debt center, Hani Al-Madini, represented their organizations at the signing ceremony.
Al-Dossari said the authority’s statistical work plays an important role in helping to achieve the goals of the Kingdom’s Vision 2030 development and diversification plan, by defining and monitoring statistical indicators. He added that cooperation with the National Center for Debt Management benefits efforts to study statistical data and indicators.
He went on to say that he hopes the partnership agreement will help both organizations develop economic and social statistical products that support the national economy and sustainable development.
Al-Madani said the agreement will play an important role in the exchange of knowledge between government sectors, and improve the ability of authorities to analyze data that helps to measure the Kingdom’s credit strength.
Earlier this month, GASTAT signed a memorandum of understanding with the Federation of Saudi Chambers to contribute to the development and enhancement of information that supports policymakers in both the public and private sector
The agreement, signed by Al-Dossari and the FSC’s acting secretary-general, Walid Al-Areinan, affirmed collaboration in exchanging experiences and information.
This partnership aims to enhance statistical activities and awareness programs within the private sector regarding the function of the authority and the importance of enabling it to fulfill its national duties.
The agreement includes participation in statistical surveys, cooperation in raising the quality of economic data, facilitating access to information, exchanging visits between experts and specialists in statistical fields, and utilizing databases and information in common areas.
Al-Dossari emphasized that the meeting between the authority and the private sector is part of elevating performance in terms of developing statistical products and indicators.
