Saint Martin sets up a Territorial Institute of Statistics and Economic Studies
Faced with the lack of economic and social indicators since its change of status in 2007, Saint Martin will now benefit from a territorial institute of statistics and economic data. This decision, adopted unanimously by the Territorial Council, should contribute to the development of the island.
A vital need for the Collectivity of Saint Martin
Since the change of status of the island in 2007, Saint Martin has suffered from a lack of economic and social indicators. This represents a real obstacle to its development according to its Territorial Council, which has therefore decided to provide the community with a territorial institute of statistics and economic studies. This decision was made at a meeting last week.
An indispensable institute for evaluating implemented policies
For the advisors, the creation of this institute meets a vital need for the Collectivity of Saint Martin. Until now, the island had no barometer or measuring instrument to evaluate the policies implemented or the measures to be taken in relation to the island’s economic and social realities. The institute should thus allow for better management and monitoring of the actions carried out in the territory.
A legal basis for the operation of the Institute
The elected officials wished to give a legal basis to this institute so that it would be inherent to the functioning of the territorial authority in its management of the island. This approach aims to ensure the sustainability and effectiveness of the institute in the decision-making and development of Saint Martin.
A project unanimously adopted by the councillors
The project of creation of the territorial institute of statistics and economic studies was adopted unanimously by the Saint-Martinese councilors during their meeting. This decision reflects the importance of this initiative to the development and prosperity of the island of Saint Martin.
The creation of this territorial institute of statistics and economic studies should provide Saint Martin with reliable and accurate indicators to better evaluate and guide the policies implemented in the territory. Elected officials and islanders can now look forward to a more prosperous future thanks to this initiative.