AESheikh Mohammed bin Rashid, Vice President and Ruler of Dubai, has approved a national program to modernize the UAE's statistics and data systems. The initiative involves reconstructing GDP data from 2010 to 2026, using 2024 as the new base year, to better reflect the country's evolving economy. The overhaul includes integrating tax and administrative data to capture growth in non-oil, digital, and service sectors, aligning with UN standards. Key institutions such as the Central Bank, Ministry of Finance, and Federal Tax Authority will collaborate on the project. The goal is to improve economic decision-making and investor confidence by providing more accurate, transparent, and comprehensive economic data.
Bias read (Center): The article presents the initiative as a government-led effort to modernize economic data collection without overtly praising or criticizing the policy. It focuses on factual implementation details and official goals, avoiding ideological framing. While the subject is politically relevant due to its
