Praia, Cape Verde, 23 June – The statistics institutes of Portuguese-speaking African countries are set to meet in July in Cape Verde to learn from the archipelago’s experience in reforming the national accounting system, officials have said.
Joseph Brites, of the Cape Verde National Statistics Institute (INE), told news agency Inforpress that an analysis of the accounting systems of the Portuguese-speaking nations would be carried out, the archipelago’s system would be presented along with the reform process and, particularly, the implementation of the United Nations National System of Accounts in 1993.
At the end of the meeting, Brites said, “plans of action” would be drawn up for each of the participating countries.
The aim, he said, was to adopt reforms which “guarantee better coverage of economic activity and international compatibility of the indicators included in national accounts, such as the Gross Domestic Product.”
Cape Vedre currently has a series of “26 years of national accounts, of which 24 years are definitive accounts (1980 to 2003) and two years are estimates (2004 and 2005), which in itself represents a long series and is information of great value for analysing the development of the Cape Verdean economy and the changes that have taken place,” he said.
The seminar is part of the European Union and Afristat program to “Support the Development of Statistical Systems in Portuguese-speaking African Nations,” and will take place between July 3 and 7 in cape Vedre’s capital, Praia. National accountants from Angola, Cape Verde, Guinea Bissau, Mozambique and Sao Tome and Principe will attend along with representatives from Afristat and the Ivory Coast. (macauhub)