Saturday 23 February 2019

Saudi Arabia unveils benchmark platform at WEF

DAVOS, Switzerland, January 23, 2018

Saudi Arabia has unveiled a first look at the Kingdom's unique data tool for measuring its performance trajectory in relation to other nations at the ongoing World Economic Forum (WEF) in Davos, Switzerland.

The International Performance Hub (IPH) – an interactive platform designed to track over 500 Key Performance Indicators under 12 main pillars that enables comparison for over 200 countries – compiles metrics from prominent international bodies, including the World Bank and the Organization for Economic Co-operation and Development (OECD).

Developed by The National Center for Performance Measurement (Adaa) the International Performance Hub (IPH) is a landmark effort led by Saudi Arabia to encourage countries to use technology and performance data to track their progress as they work to achieve development goals. IPH aims to promote integrity, accountability and transparency in the public sector and beyond.

As a demonstration of the commitment with which Saudi Arabia approaches its 2030 goals, IPH also seeks to provide a credible and 'outside-in' perspective on the Kingdom's evolution along key quantifiable indicators across the socio-economic spectrum – comparing progress at every stage to other countries and peer-groups around the world.

Husameddin AlMadani, director general of the National Center for Performance Measurement said, "Saudi Arabia is undertaking a major multi-year transformation. The ambitious Vision 2030 program touches upon nearly every aspect of the country's performance and looks to make significant progress on the entire socio-economic frontier. As the nation pursues a long list of objectives in its transformation, comparing the country's performance progression against the backdrop of international best practices is crucial."

Economist Jacques Attali, president of Positive Planet and the Positive Economy Forum, a data and knowledge partner of the IPH, said: "The International Performance Hub announces a much-needed tool to foster transparent and positive governance through shared knowledge about the impact of public policies. Its launch in Davos is a very promising beginning, and an opportunity to make it a truly global and collaborative ambition."

With today's announcement, Adaa officially launches the beta phase of the International Performance Hub (IPH) in Davos. The final launch of the International Performance hub is awaited later in 2018. – TradeArabia News Service

Tags: Saudi Arabia |

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