WHEREAS, one of the frameworks maintained by the Philippine Statistics Authority (PSA) is the System of National Accounts (SNA) which include the Gross Regional Domestic Product (GRDP) to be released on an annual basis;

WHEREAS, the GRDP measures the total output of goods and services of a region and is an indicator of the region’s economic performance on a given period;

WHEREAS, the GRDP estimates are valuable inputs in development planning, policy formulation and monitoring activities of the region;  

WHEREAS, the data required in the estimation of the GRDP are generated from the results of censuses and surveys, administrative reports of government offices and private establishments;

 WHEREAS, the availability of data from the government agencies and the private sector is important in coming up with accurate, timely and reliable GRDP estimates for CAR;

WHEREAS, there is a need for PSA-CAR to collect and update its databank for the actual estimation of the CAR GRDP covering the periods 2016-2018;

WHEREAS, the PSA-CAR preserves the confidentiality of sensitive data through the release of aggregate estimates only;

NOW, THEREFORE, on motion duly seconded, BE IT:

RESOLVED, AS IT IS HEREBY RESOLVED, that the RSC-CAR requests the Regional Line Agencies, Local Government Units and the private sector to provide PSA-CAR with data needed in the estimation of the 2016-2018 CAR GRDP;

APPROVED this 19^th day of February 2019 in Baguio City, Philippines.