Friday, 29 July 2022 03:16

Favorable opinion issued to dissolve DIGESTYC and transfer its functions to the BCR

Written by Evelyn Alas

This morning, the members of the Economy Commission issued a favorable opinion to approve the Law for the Dissolution, Liquidation and Transfer of functions of the Dirección General de Estadísticas y Censos (DIGESTYC), which can be assumed by the Banco Central de Reserva (BCR).

The request was promoted by the Minister of Economy María Luisa Hayem, the bill aims to modernize the statistical services and products according to the evolution and needs of the country's economy and the new information technologies.

The DIGESTYC is in charge of elaborating the Consumer Price Index, population, housing, economic statistics, agricultural and livestock censuses, and the Encuesta de Hogares de Propósitos Múltiples (EHPM).

In the piece of correspondence, which the Minister of Economy Hayem presented, she says that the functions of general coordination of statistics and censuses need to be modernized and to make statistical services and products more effective and timely.

Staff compensation, contract settlements to suppliers will be covered by the Ministry of Economy.

Likewise, the head of Economy, María Luisa Hayem, expressed that it is necessary to promote efficiency and synergies in the functions of the state by taking advantage of the technical capacities of the BCR.