No voice is louder than the language of figures and information in our contemporary world, including the various development economic social sectors. A comprehensive and accurate data constitute the backbone of the decision-making mechanisms and drawing development plans.
Based on this vision, HH Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister and Ruler of Dubai announced last week the strategic plan of DSC, which extends from 2012 to 2015.
It covers Dubai government and business sector. The plan shows DSC's aspiration for the high priority of the statistical requirements of Dubai Strategic Plan and institutions involved in its implementation.
Whether the requirements have been planned or incidental strategy, along with the adoption of transparency and standards of «A B 3» for the production of indicators and statistical information to demographic social economic different sectors in an integrated form and based on the best practices and statistical requirements for those involved. As well as building a statistical system within the Emirate based on the other on the best practices, and to achieve the requirements.
He also ordered to intensify cooperation and coordination between the DSC and local departments to collect and disseminate digital data of the economic and demographic growth and the social and health development and others in the Emirate until the documented correct information reach the applicant through the DSC restoring authorized data, information and statistical figures.
The adoption of a single government entity as Dubai Statistics DSC to provide accurate data on the different sectors reflects the importance of information in promoting transparency in the mechanisms of the economic and government work.
The language of numbers has strategic importance, if it is accurate and updated on an ongoing basis to enable investors in different sectors to monitor opportunities and determine the policies of investment. Such importance appears in the developed economies through the interaction of markets, up and down, with economic data published about, for example, unemployment rates, inflation or the rate of consumer confidence and others.
Also data contribute to refute the negative rumors circulated internally and externally on the performance of various sectors and clarify the true picture of the market while avoiding any amplification or hiding facts. Figures are a compass of development and the beacon of decision-making.