Provincial Product Accounts

Siquijor PSO takes part in the Training/Workshop on Data to Non-Benchmark Estimation of the Provincial Product Accounts

The Philippine Statistics Authority (PSA), Macroeconomic Accounts Service (MAS) conducted Training on Data to Non-Benchmark Estimation of the Provincial Product Accounts (PPA). The said training/workshop was divided into two batches with the first batch, participated by the officials and personnel of Cordillera Administrative Region (CAR), CALABARZON, MIMAROPA and Eastern Visayas, scheduled on 05-07 July 2022 at Tacloban City and hosted by RSSO – Eastern Visayas. The Second Batch was participated by the officials and personnel of Central Visayas, Western Visayas, Northern Mindanao, Davao Region and SOCCSKSARGEN on 18-20 of July 2022 at the Waterfront Insular Hotel, Lanang, Davao City and hosted by RSSO – Davao Region. The main objective of the activity is to capacitate the RSSOs and PSOs on the methodologies and processes in generating the non-benchmark estimates.

PSA conducts Refresher Training/Workshop on Provincial Product Accounts and Philippine Standard Industrial Classification

The Philippine Statistics Authority (PSA) is currently undertaking activities towards the annual compilation of the Provincial Product Accounts (PPA), with Region 7 as one of the nine pilot regions this year. This initiative is recognized as a more appropriate measure and assessment of the economic performance of the provinces to strengthen the planning and decision-making of provincial policymakers and stakeholders in crafting more informed economic policies.

To set-off this year’s PPA data collection, PSA - Bohol, along with the other provinces of Central Visayas, conducted a Refresher Training on Provincial Product Accounts (PPA) and Philippine Standard Industrial Classification (PSIC). This one-day activity of the province was held on 01 April 2022 in a hybrid format, with a total of 14 PSA and 108 non-PSA participants. There were 44 out of 48 LGUs or 91.7 percent joined the said activity.

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