‘Intensive statistics devt plan needed for economy’

By: Victor Anthony V. Silva August 30,2016 - 03:58 PM

MORE Filipinos will benefit from the economy’s growth through a more intensive Philippine Statistical Development Plan (PSDP).

Ronaldo Taghap, Philippine Statistics Authority in Central Visayas (PSA 7) director, said statistics serve as the basis of economic planners and policy makers in crafting development programs.

“We cannot plan if there are no numbers,” Regional Director Ronaldo Taghap of the Philippine Statistics Authority (PSA) at the sidelines of a forum in a Cebu City hotel on Tuesday.

Taghap said the forum was meant to inform stakeholders about updates on the Philippine Statistical Development Plan (PSDP) 2011-2017 and how they can contribute to achieve its goals.

Statistics play a vital role in development planning as it determines how many doctors, teachers, or engineers should be hired in the next five to 10 years and disclose how many roads are needed and where it should be built in the same period.

The Philippine economy grew on an average year-on-year rate of 6.9 percent during the first half of 2016 and economists predict this uptrend to continue until the end of the year.

Despite the robust economy the country is enjoying, 1 out of 4 Filipinos still live in poverty. Taghap said better data will result to better planning and better programs for every Filipino.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: Cebu, data, economy, Philippine Statistics Authority, statistics

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.