213x Filetype PPTX File size 0.34 MB Source: www.spc.int
Progress of work on Business Statistics in PICTs Background • Quality data on business activities is lacking in PICTS. • Pacific Statistics Strategy Action Plan, Phase 1 (2011 – 2014) recommends that establishment surveys be conducted in a five yearly cycle so that more regular GDP re-bases can reflect more accurately on structural developments in national economies. • Prerequisites to having business surveys are – Industry classification – Business Register 2 Progress of work on Business Statistics in PICTs Achievements/Highlights • Fiji: – Reviewed industry-specific business survey questionnaires – Upgraded the business register ( joint project with the ABS) • Draft Business Register Manual completed and available. • PNG: – Compiled the PNG Standard Industrial Classification • draft PNGSIC available – set-up business register with Fiji providing south-south collaboration • draft Business Register Manual is available – Designed industry-specific business survey questionnaire • draft questionnaires available. 3 Progress of work on Business Statistics in PICTs Major challenges 1. Lack of national funds to carry out much needed survey work. 2. Weak legal powers as the authority for statistical collection 3. Skills required to conduct business surveys. 4 Progress of work on Business Statistics in PICTs Proposed way forward/Recommendations • SPC is committed to standardizing business statistics collection system in PICTS, which is in direct response to Pacific Leaders call to standardize classifications and methodologies in the Region: – in collaboration with ABS a Pacific Manual on the Business Register is being finalized and will be published later this year – three confirmed missions: Vanuatu in late 2013 and Tonga and Solomon Islands in 2014 to review/set-up Business Statistics systems. • Given the importance of private -sector led economic development, it is imperative for Governments to have regular access to up-to-date business registers. HOPS is invited to recommend to countries to engage in greater public-private sector partnerships to allocate sufficient resources to allow for a regular conduct of establishment surveys. 5
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