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Indicator 2 – Selected regionally agreed harmonized statistical clusters (HSC) or frameworks – COMESA Aid For Trade (COMAid)

Policy framework

Under the overarching framework of the COMESA Treaty (Articles 139 and 140), COMESA Member States have undertaken to co-operate in the field of statistics to create an enabling environment for the regular flow of up-to-date, reliable, harmonised and comparable statistical data on various sectors of economic activity required for an efficient implementation of the objectives of the Common Market. The Statistical development in COMESA is further guided by the COMESA Statistical for the period 2017-2020 that responds to the MTSP 2016-2020. The strategy aims at continuing the consolidation of previous gains in different statistical clusters and the introduction of new interventions based on emerging recommendations of the COMESA Committee on Statistical Matters (CCSM) that eventually culminate into Council decisions.

Program Description

For the COMESA statistics program to achieve its mandate Member States have committed to coorperate in the exchange of statistical data covering various sectors of their economic activities such as external trade, agriculture, industry, energy, natural resources, transport, communications, tourism, population, manpower, money and banking, balance of payments, external debt, government finance, prices, purchasing power parities and national accounting investments.

The RISM targets covers the adoption of selected harmonized statistical frameworks (HSC)[1] which, among other things, guides on the formats, frequency and timeliness of providing harmonized statistics to the COMESA Secretariat. Each Member state is then assessed based on the number of HSC is targets to implement under its RIIP. The statistical frameworks or clusters covered are:

  1. Harmonized Consumer Price Index (HCPI);
  2. COMESA Infrastructure Statistics;
  • Foreign Direct Investment (FDI) Statistics;
  1. International Merchandise Trade Statistics;
  2. Statistics on International Trade in Services

[1] The statistical frameworks or clusters are: 1. Harmonized Consumer Price Index (HCPI); 2. COMESA Infrastructure Statistics; 3.Foreign Direct Investment (FDI) Statistics; 4.International Merchandise Trade Statistics; 5. Statistics on International Trade in Services