Caricom Advances Statistical Development Strategy for Regional Growth
Caricom marks milestone in statistical development strategy implementation, emphasizing digital transformation and regional integration through enhanced data collection and analysis frameworks.
Dr Carla Barnett, Caricom Secretary General, discussing statistical development strategy at Georgetown headquarters
GEORGETOWN, Guyana - Caricom Secretary General Dr Carla Barnett highlighted the crucial role of statistics in regional development as the Caribbean Community reaches the midpoint of its 12-year Statistical Development Strategy. This announcement comes as Guyana continues to lead regional economic growth, emphasizing the importance of accurate data collection.
Statistical Innovation and Regional Integration
The Caribbean Statistics Day 2025, themed "Improving Lives through Statistics: Strengthening and Innovating Together," coincides with the conclusion of Caricom's Year of Statistics, marking the 50th anniversary of the Standing Committee of Caribbean Statisticians. As regional political dynamics evolve, the need for reliable statistical data becomes increasingly critical.
Key Developments in Statistical Framework
- Implementation of Caricom Quality Assurance Framework
- Introduction of Code of Good Statistical Practices
- Adoption of Generic Statistical Business Process Model
These initiatives support evidence-based policy-making across the region, particularly crucial during periods of significant political and economic transformation.
Modernization and Digital Transformation
Barnett emphasized that Caricom governments are actively reviewing legal and institutional frameworks while investing in digital transformation of statistical operations. This modernization effort aims to enhance the capacity of National Statistical Offices across the region.
"The journey ahead is as critical as the progress behind us," stated Dr Barnett, highlighting the community's commitment to a harmonized regional approach to statistics development.
Future Outlook
The focus remains on strengthening national and regional statistical processes to ensure timely and accurate data for decision-making, supporting the region's development goals and economic integration efforts.
Adrian Singh
Business reporter focused on economic freedom, foreign investment, and institutional transparency.