May 4, 2021

Directive by finance minister: PBS told to collect prices data through new methodology

ISLAMABAD: Federal Minister for Finance Shaukat Tarin has directed the Pakistan Bureau of Statistics to ensure data collection for prevailing prices of different commodities from Ramazan Saasta/Saulahat Bazaar for wide coverage.This directive has created an awkward situation for the PBS because it was mandated to collect the prices under defined methodology finalised through rebasing exercise and any change in methodology would distort the whole data of collection process for calculating...