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The implementation of the first Annual Coordinated Foreign Direct Investment Survey by the end of 2017

The production and dissemination of foreign and portfolio investment statistics in the Member States and GCC aggregates

 

The GCC-Stat cooperates with the national statistical centers to collect and disseminate the results of the coordinated foreign investment and portfolio investment survey, ensuring the coverage of all inward and outward flows. Moreover, the project aims to encourage national statistical agencies to conduct the coordinated foreign investment survey on a quarterly basis.

 

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The development of the monetary, financial, and balance of payments statistics based on the Special Data Dissemination Standard (SDDS)

Mainstreaming the General Data Dissemination System (GDDS) by the end of 2017.

 

One of the key strategic projects that seek to achieve the highest degrees of transparency and disclosure, coupled with full compatibility with the dissemination standards of monetary, financial and balance of payments statistics issued by the International Monetary Fund (IMF) and endorsed by the international community. Through the adoption of this strategy, the GCC-Stat and the national statistical centers encourage all stakeholders – most notably the Central Banks – to apply those standards for all collection, analysis and dissemination of statistics.

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The development of the annual National Accounts System

The release of detailed Gross Domestic Product (GDP), Gross National Income (GNI), and Gross National Savings (GNS) indicators using the production and expenditure approaches (end of 2017)

 

In 2015, the GCC-Stat has adopted a partnership project with the six statistical agencies of the GCC countries that aims to develop the GCC National Accounts System in the Member States following a plan that ends in 2020, and releasing intra-year outputs that start by the release of detailed time series of key system indicators by the end of 2017.

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