Midterm Review Mission 16-2 3 September 2023

The Economic Statistics Directorate offers statistical programs and services covering national accounts, finance and government statistics, external trade, satellite accounts, prices and indices, analysis and economic forecasting, industry and construction, and business statistics.

• Economic statistics
• national accounts
• finance
• government statistics
• external trade
• satellite accounts
• prices and indices
• analysis and economic forecasting
• industry and construction
• business statistics

shayaan Follow

Uploaded on Dec 09, 2023 | 0 Views

Download Presentation

Please find below an Image/Link to download the presentation.

The content on the website is provided AS IS for your information and personal use only. It may not be sold, licensed, or shared on other websites without obtaining consent from the author. Download presentation by click this link. If you encounter any issues during the download, it is possible that the publisher has removed the file from their server.

Presentation Transcript

1. Midterm Review Mission 16-23 September 2023 Statistical / Non Statistical Directorates Presentations Directorate Name: Economic Statistics Directorate

2. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

3. Major projects (conducted in the past three years): National Accounts Quarterly GDP at constant prices (Production side), and at current prices (Expenditure) Supply and Use Tables (2017) Annual GDP at current and constant prices (Production and Expenditure sides) Institutional National Accounts National Accounts

4. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

5. Major projects (conducted in the past three years): Finance & Gov. Statistics International Investment position & External debt (Annual and Quarterly Press releases) With PMA Balance of Payments (Annual Report and Quarterly Press releases) With PMA Finance and Government Statistics General Government Finance (Annual Press release) With MOF Foreign Investment of Enterprises (Press Releases) With PMA

6. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

7. Major projects (conducted in the past three years): Prices and Indices Industrial Production Index (IPI) Value Index Producer Price Index (PPI) Wholesale Price Index (WPI) Consumer Price Index (CPI) Construction Cost Index (CCI) Prices & Indices

8. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

9. Major projects (conducted in the past three years): Analysis and Economic Forecasting Annual Economic Forecasting for the Main Economic Indicators (GDP, Unemployment Rate.) Annual Performance of the Palestinian Economy Analysis and Economic Forecasting

10. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

11. Major projects (conducted in the past three years): Industry & services statistics Transport outside establishment sectors Building Licenses Transportation & communication statistics Business statistics Industry & services statistics

12. Major projects (conducted in the past three years): Services statistics Services Transport and storage Industrial Activities Telecommunic ation & information Construction Internal Trade Business Statistics Building Licenses

13. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

14. Major projects (conducted in the past three years): Satellite accounts Satellite Accounts Tourism Satellite (Last published for the year 2020) Annual National Health Accounts (2000-2022)

15. Statistical programs / Services covered under this domain National Accounts Finance & Gov. Statistics External Trade Satellite Accounts Prices and Indices Analysis and Economic Forecasting Industry& Construction Services statistics

16. Major projects (conducted in the past three years): External Trade Monthly press releases

17. Main publications (paper, electronic) Annual National accounts for the production and Expenditure sides at current and constant prices (1994- 2021) National Accounts Quarterly National Accounts for the Expenditure side (at current and constant prices) and for the Production side at constant prices (Latest quarter: Q1/2023) Institutional National Accounts annually (1994- 2021) Supply and Use Tables 2017 Input-output tables 2017 Social Accounting Matrix 2017 Balance of Payment: Annual Report and Quarterly Press releases (electronic), in cooperation with Palestine Monetary Authority (PMA) International Investment position & External debt: Annual and Quarterly Press releases (electronic), in cooperation with Palestine Monetary Authority (PMA) Finance & Gov. Statistics General Government Finance: Annual Statistical tables (electronic), in cooperation with Ministry of Finance (MOF) Foreign Investment of Enterprises Survey: Annual Press release (electronic) in cooperation with Palestine Monetary Authority (PMA) BOP-Household Survey (Annexed with LFS): Annual Statistical Table, For internal use of BOP (Not Published)

18. Main publications (paper, electronic) 53 press releases . Prices and Indices Annual statistical report published every yearelectronically. Were all publication scheduled according to a specified time period in statistical calendar Analysis and Economic Forecasting 1-Annual Report for the Performance of the Palestinian Economy (2019, 2020, 2021, 2022). 2.Annual Report for the Economic Forecasting of the Main Economic Indicators: GDP, Unemployment Rate (2021, 2022, 2023 . 3.Economic Forecasts Press Release for the Year 2020, COVID-19 Pandemic. 1. Business Statistics Press Release Services statistics 2. Building licenses press release (four quarters) 3. Transport Survey- Outside Establishments Sector ( Report) 4. Transportation and Communications Statistics ( Report)

19. Main publications (paper, electronic) Annual Report: Health National Accounts Satellite Accounts Annual Report: Tourism Satellite Accounts /Demand Side External Trade Electronic monthly press releases and statistical tables are published on PCBS website

20. Data sources (list of data sources with reference to periodicity, readiness, quality where necessary) with focus on nontraditional sources (Statistical programs ONLY) Main Data Sources Administrative Records Surveys Census Government: MOH, MOF& Palestinian Monetary Authority (PMA), Military services Balance of payment (Annually) Households PECS (2017) (3-5 Years) Population and Housing census (2017) Hotel activities (Monthly) Prices (Annually) Tourism and Antiquities ministry UNRWA:(Annually) Inbound visitor survey (2009) Domestic and outbound tourism survey Attached to labor force survey (2-3 years) Transportation and Communications Statistics (administrative registers) Transport Survey- Outside Establishments Sector (sample field surveys) Prices: CPI, CCI, RCI, WNCI, PPI and IPI surveys Tourism and Antiquities Police Export and Import data (Quarterly) Hotel Guests survey (2009) LFS (Quarterly) Local government (Annually) Economic Surveys Agricultural Statistics (Annually) Foreign Investment Survey Consulates and international agencies Head offices

21. Main partners (users, producers, joint publications, joint projects) including partners with MoU/agreements Ministries: of (Telecom &Information Technology, Transport, Finance, National Economy, Health) Palestinian Monetary Authority (PMA) local Authorities (Good Cooperation with municipalities) Palestine Economic Policy Research Institute (MAS) Universities Chambers of commerce

22. Main partners (users, producers, joint publications, joint projects) including partners with MoU/agreements At the International Level: International Institutions: 1. International Monetary Fund (IMF) 2. World Bank 3. UNSD 4. League ofArab States 5. UNIDO 6. ESCWA 7. UN Comtrade Database. 8. UK Office for National Statistics We have our Advisory Committee on Economic Statistics, 4 periodic meetings conducted annually in addition to any urgent meetings to discuss new methodology or new release. Several workshops are implemented with universities (to bridge the gap between the theoretical and practical) in addition to the dialogue between producers and users of Statistics. Several training courses for the Media, to enhance the statistical literacy.

23. Representation in national / international committees/task force EU- Palestine Sub-Committee On Economic and Financial Matters Audit team on VAT deductions from the Israeli side (Prime Minister's office) Task team on International trade statistics (UNSD) Head of the National Committee for Establishment and Modernization of the Commercial Register of Establishments and Machinery Analysis: Advisory Committee on Economic Statistics. Technical Team for Economic Forecasts (PCBS, MOF, PMA) National MEDSTAT 5 project Coordinator/ Efficient participation of PCBS in the global initiatives to update the SNA 2025 at the regional and international levels. Palestine is a co-chair for the IFTT within the current TTs working on the update of the 2008 SNA. Coordinator of Investment and trade in services promotion for International trade Center (ITC) Participation in the International Comparison Program (household consumption price survey, special surveys education, rents, construction, machinery and equipment, workers compensation ). ESCWA. Participation in the harmonized consumer price index ESCWA

24. Modernization (latest improvement on survey methodology, production of statistics, dissemination Tools; data collection tools; work manuals; Framework etc.) Prices: Updating the base year for price surveys periodically. Using the latest international evidence and classifications in calculating price indicessuch as Classification of Individual Consumption According to Purpose 2018, International Standard of Industrial Classification of all Economic Activities (Rev.4), Consumer Price Index Manual: Concepts and Methods 2020,Producer Price Index Manual: Theory and practice 2009, and International Recommendations for the Index of Industrial Production 2010. Beginning to collect data from 2 sales outlets within the Consumer Price Index using web scraping in cooperation with ESCWA. Updating the base year for price surveys periodically. Satellite Accounts: Develop supply side (production tables) for tourism satellite account to work on the completion of TSA tables.

25. Modernization (latest improvement on survey methodology, production of statistics, dissemination Tools; data collection tools; work manuals; Framework etc.) Analysis and Economic Forecasting: Developing the Structure of Economic Model in Partnership with United Nations Conference on Trade and Development (UNCTAD) External Trade: Production of statistics Dissamination Manuals Data collection Automation of data processing (RAP) Preparing a user manual of trade statistics launching dynamic database. E Vouchers

26. Modernization (latest improvement on survey methodology, production of statistics, dissemination Tools; data collection tools; work manuals; Framework etc.) Business statistics Building permit statistics: Data is being collected through tablets instead of paper forms. Business statistics: work on using Ministry of Finance data is ingoing to extract the results of business statistics. Development of Establishments Databases for Local Authorities:Relying on local authorities to update data Foreign Investment of Enterprises Survey Using the published Financial Reports for the companies operated in west bank instead of field survey process General Government Finance Using web application tables which are published on (baladiyat.ps) for the compiling local government statistics instead of field survey process

27. Capacity development (non-traditional skills in need to meet new demands) Business Statistics: Development of Establishments Databases for Local Authorities Training staff in local authorities on applications and work mechanisms EDX Online data science training course External Trade UK ONS Using R in data processing through MoU Analysis and Economic Forecasting: Developing The Mechanism To Prepare The Realistic Economic Assumptions On Macro Level.

28. Challenges (with focus on how you manage to overcome these challenges) 1. Unregistered trade and Business due to lack of control of Palestinian Authority (No authority on borders (unregistered trade) 2. Obstacles in obtaining data from Area C and Jerusalem 3. No national Currency Political Obstacles 1. Diversity of data sources 2. Missing Data (quantities, commodity unit) 3. Development of Establishments Databases for Local Authorities : Ensuring that the local authorities carry out the tasks entrusted to them. 4. The Ability to Formulate Realistic Economic Assumptions in Partnership With (MOF, PMA), Which Helps Economic Forecasts to be Close to Reality, Expressive and Reliable. 5. Un-availability of Quarterly published report for enterprises on foreign Investment 6. Partially consistency among IIP and BOP in details Technical Obstacles International Challenges Lack of international manuals pertaining some fields in Satellite accounts such as ICT

29. Vision 2030 (where you see your field in 2030) The Business statistics indicators will be estimated through VAT database (MOF). Compiling Educational Satellite accounts Introducing new technologies in Palestine (scanner data, e-Government) Full Automation of data processing & Business intelligence (BI) Collect the data of Transport Survey- Outside Establishment by Ministry of Transport. (include all vehicles). UsingThe Economic Forecasts As A Reference in Planning Economic Policy-Making by Decision Makers and to Prepare the Government Budget. Development of Establishments Databases for Local Authorities An updated framework every year by local authorities