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RSC-CAR RESOLUTION NO. 2

Release Date:
Series
2022

REQUESTING THE REGIONAL LINE AGENCIES, LOCAL GOVERNMENT UNITS, AND THE PRIVATE SECTOR TO PROVIDE THE PHILIPPINE STATISTICS AUTHORITY –CORDILLERA ADMINISTRATIVE REGION WITH THE DATA NEEDED IN THE COMPILATION OF THE 2019 TO 2021 GROSS REGIONAL DOMESTIC PRODUCT AND GROSS REGIONAL DOMESTIC EXPENDITURE OF CAR

WHEREAS, pursuant to Philippine Statistical Act of 2013, the Philippine Statistics Authority (PSA) is the central statistical authority of the Philippine government in primary data collection and the development of integrated social and economic statistics including the national accounts;

WHEREAS, the PSA regularly compiles the Quarterly and Annual National Accounts, the Gross Regional Domestic Product (GRDP) and the Gross Regional Domestic Expenditure (GRDE), Income and Outlay Accounts, Input-Output Accounts, Satellite Accounts including Tourism and Health, and other relevant macroeconomic indicators;

WHEREAS, the GRDP measures the total output of goods and services of a region and the GRDE measures the expenditure of residents in the region in the domestic territory plus their expenditures in other regions including the rest of the world;

WHEREAS, the GRDP and GRDE estimates are indicators of the region’s economic performance and are valuable inputs in development planning, policy formulation, and monitoring the activities of the region;

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

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

WHEREAS, there is a need for PSA-CAR to update its databank for the actual compilation of the CAR GRDP and GRDE covering the periods 2019 to 2021;

WHEREAS, the PSA-CAR preserves the strict 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 the data needed in the compilation of the 2019 to 2021 CAR GRDP and GRDE.

APPROVED this 18th day of March 2022 in Baguio City, Philippines.

 

 

Certified True and Correct:
 
(SGD) ALDRIN FEDERICO R. BAHIT, JR.
RSC-CAR Head of Secretariat
(Chief, Statistical Operations and Coordination Division, PSA-CAR)
 
Attested:
 
(SGD) VILLAFE P. ALIBUYOG
RSC-CAR Vice-Chair
(Regional Director, PSA-CAR)
 
 
Approved:
 
(SGD) SUSAN A. SUMBELING
RSC-CAR Chairperson
(Regional Director, NEDA-CAR)