rishard.khan@guardian.co.tt
The Joint Select Committee on the National Statistical Institute of Trinidad and Tobago (NSITT) Bill is expected to report on the bill in December.
The bill was laid in Parliament on June 20, 2018, by Minister of Planning and Development Camille Robinson-Regis.
According to the Ministry of Planning and Development, “The NSITT will facilitate informed decision-making, through the timely provision of a quality, relevant, user-oriented and dynamic statistical service, coordinating statistical activities and promoting the adherence to statistical standards” and will “inherit a number of important, regional obligations and responsibilities which are essentially managed by the Caricom Secretariat on Regional Statistics (CCS).”
The NSITT was envisaged by the current administration and introduced to the public by Minister of Finance Colm Imbert in his first budget statement for their current tenure in 2016.
His justification was because “our Central Statistical Office has been severely neglected for decades”.
In his budget presentation in Parliament in 2016, Imbert said the country’s inability to provide inaccurate statistical data has garnered the attention of many international bodies/
He said, “In fact, Moody’s Investor Services cited poor statistical data as one of the reasons for the downgrade of our country’s credit rating under the previous Government. It goes without saying that it is virtually impossible to derive informed policy decisions without accurate statistical data. In recent years there has been a lot of scepticism on the authenticity of the statistics produced. This has led to a loss of confidence both domestically and internationally in the analyses and issuance of various social and economic data.”
