Conclusion of the fourth meeting of Arabstat
12/11/2017 12:00 am
[rtl]Abu Dhabi / Morning follow up
The fourth meeting of the Technical Committee of the Arab Statistics Initiative (Arabstat), hosted by the Arab Monetary Fund (AMF), was recently concluded in Abu Dhabi, with the participation of more than 60 participants from central banks, Arab monetary institutions, finance ministries and statistical agencies in the Arab countries. Regional and international levels.
"The informal sector has seen great importance in the economies of many Arab countries in terms of its contribution to the GDP of between 1 and 25 percent and its ability to create jobs," said Abdul Rahman bin Abdullah Al Humaidi, Managing Director and Chairman of the Fund. In addition to the interest of many regional and international organizations. "
"The focus of the meeting was to identify its specificities in terms of the definitions adopted in the Arab countries, how they were evaluated and taken into account in the preparation of the national accounts, and the challenges facing the Arab countries in its inclusion in the official sector, The conditions of employment and the number of workers, the availability of social protection systems for its employees, in addition to its negative effects as an informal economy that affects primarily the efficiency and productivity of official economic activities.
The Arab Statistics Initiative was launched at the Arab Finance Ministers meeting in Dubai, United Arab Emirates, in April 2013, and mandated the Arab Monetary Fund to assume the secretariat of the Arabstat Technical Committee, which aims to enhance statistical cooperation among Arab countries, , Providing technical advice and assistance and training to statistical institutions, central banks and ministries of finance in the field of statistical work, to meet the challenges for the preparation of economic, financial and social statistics according to the latest methodologies and statistical evidence.[/rtl]