The Project for the Regional Advancement of Statistics in the Caribbean (PRASC) is a Government of Canada-funded statistical capacity building project which targets 14 Member States of the Caribbean Community (CARICOM). PRASC aims to strengthen the statistical systems of the participating Caribbean countries by addressing identified gaps to improve social-economic measures and support evidence-based policy making.
The project was approved on March 3, 2015 with funding of CAD $19.5 million and an end date of September 2023.
PRASC provides technical assistance to the Member States through focusing on the following four components to:
- Enhance the Systems of National Accounts, by introducing new compilation methods, improving data gaps and increasing adherence to international standards;
- Improve economic statistics by working on a robust business survey infrastructure;
- Improve social statistics, including sex-disaggregated social-economic indicators, by working on a robust survey infrastructure for household surveys; and
- Improve sharing of statistical information and expertise at the national and regional levels, by enhancing communication and dissemination strategies.