Saudi Statistics Authority, Chamber of Commerce Sign New Memorandum
Meeting of Statistics Authority Head with Business Sector
The General Authority for Statistics and the Federation of Saudi Chambers have signed a memorandum of understanding for cooperation in the field of statistics and exchange of expertise.
The MoU aims at contributing to the development and enhancement of economic statistics that support decision-makers and policy-makers in both government and private sectors.
Meeting of Statistics Authority Head with Business Sector
The meeting involved the President of the General Authority for Statistics with business leaders and the private sector. It focused on introducing the pivotal role played by the Authority in providing economic statistics and indicators.
Role of Private Sector
The discussion also entailed private sector’s role in enhancing the efforts of the Authority and their integration in developing economic statistical indicators and data, in terms of data collection and analysis.
Details of Memorandum
The memorandum, signed by Dr. Fahd Al-Dosari and Walid Al-Arinan, focuses on cooperation in expertise and information exchange. Specifically, it aims to develop statistical business and enhance awareness in private sector establishments about the Authority’s role.
Dr. Fahd Al-Dosari’s Statement
Dr. Fahd Al-Dosari highlighted the meeting’s goal: to enhance the development of statistical products and indicators. It focuses on understanding the private sector’s needs and opportunities in statistical data. This involves collaborative work between the Authority and its private sector partners.
Role of Federation of Saudi Chambers
The Acting Secretary-General stressed the need for collaboration between the General Authority for Statistics and the private sector. Consequently, this partnership leverages each other’s strengths, with companies supplying key data and the Authority offering vital statistics for business analysis and strategic decisions.
Furthermore, this alliance aims to fulfill mutual needs, track economic trends, and, ultimately, boost the national economy and sustainable growth, in line with Vision 2030 objectives.
Function of Federation of Saudi Chambers
The Federation represents the business sector and commercial chambers in the Kingdom, representing them locally and internationally.
It aims to enhance the private sector’s role in the economy by coordinating with government bodies, representing in forums and conferences, and participating in global economic decisions.
Additionally, the Federation also exerts efforts to improve Saudi Arabia’s trade and investment ties with other nations.
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