By: Franklin ASARE-DONKOH
The Ghana Statistical Service (GSS) says starting Monday, January 15, 2024, field data collection for the 2024 Ghana Integrated Business Establishment Survey Phase I (IBES I) has officially commenced.
According to a press release issued by GSS, about fourteen thousand (14,000) Field Officers have been trained and deployed by the Service across the country for the data collection exercise. The IBES I focuses on a comprehensive list of all business entities within the country.
Within the period of field data collection, the Field Officers will be visiting every structure and space in their assigned areas to enumerate all business entities identified, including businesses operating in structures, businesses operating in open spaces, mobile businesses, and virtual businesses. Thus, all business entities that conduct activities in Ghana are to be covered, regardless of location, status, or size.
The release explained that the overarching goal of IBES I is to compile a detailed list of businesses, capturing essential characteristics that contribute to the development of a robust Statistical Business Register and other key statistical indicators to enhance national development. Among others, IBES 1 will provide updated data on:
Activities, locations, ownership, ages, and sizes of businesses inform policy, planning, and monitoring of business growth and national development programmes.
The current structure of Ghana’s economy facilitates the revision of key macroeconomic indicators, including Gross Domestic Product (GDP), Producer Price Index (PPI), and the Index of Industrial Production (IIP).
Employment status of workers employed by businesses to help bridge the gap between the labour needs of firms and the available skills.
The characteristics of the informal sector guide the development of policies aimed at formalising the economy and improving the welfare of workers in the various sectors.
“The General Public is informed that the Field Officers would be identified by their Integrated Business Establishment Survey (IBES) Vests and Identification Cards. The Public is encouraged to cooperate with the IBES Field Officers by providing all the needed information to ensure a successful field data collection exercise.
The Ghana Statistical Service (GSS) is grateful to institutions, organisations, and individuals for the support received so far and asks for further cooperation to ensure a successful implementation of this important national exercise,” portions of the release read.