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, three pilot compilations of the Provincial Product Accounts (PPA) were done for the provinces of Palawan in 1998 and 2017 and Guimaras in 2006 which can serve as reference in the generation of such account;
WHEREAS, in order to better understand the performance of the economy and to ensure a more effective planning towards economic and social development, the data should be characterized further at the subregional level;
WHEREAS, to respond to local and international commitments such as the Philippine Development Plan (PDP) 2018-2023 and the Sustainable Development Goals (SDGs), more granular statistics are necessary;
WHEREAS, the PPA aims to present a comprehensive picture of the city/provincial economies by providing a more appropriate measure and assessment of the economic performance and progress and development of all cities and provinces;
WHEREAS, the PSA started the compilation of the PPA in 2021, initially with fourteen (14) provinces and six (6) highly-urbanized cities (HUCs) from the MIMAROPA, Central Visayas, and Northern Mindanao regions;
WHEREAS, for 2022, the Cordillera Administrative Region (CAR) has been identified as one of the six (6) regions to compile the PPA;
NOW, THEREFORE, on motion duly seconded, BE IT:
RESOLVED, AS IT IS HEREBY RESOLVED, that the Regional Statistics Committee-CAR (RSC-CAR) enjoins all regional line agencies, local government units, and the private sector to provide support in the compilation of the Provincial Product Accounts (PPA) of CAR.
RESOLVED FINALLY, that the PSA shall:
- Undertake capacity building activities to help the provinces and other agencies generate and compile the data requirements based on PSA concepts and standards;
- Develop a roadmap towards the institutionalization of the data generation for PPA; and
- Formulate a communication plan and advocacy programs for the regular provision of data for the PPA.
APPROVED this 18th day of March 2022 in Baguio City, Philippines.
RSC-CAR Vice-Chair
(Regional Director, PSA-CAR)
(Regional Director, NEDA-CAR)