ISLAMABAD:President Arif Alvi has said that the development of electronic data collection system by Pakistan Bureau of Statistics will augur well towards enhancing the credibility of Price Statistics and reducing the time tag.
The President said this at a presentation given by Pakistan Bureau of Statistics (PBS) on Tablet Based Price Data Collection System, here on Tuesday.
He said that the interactive report making process would enable the policy makers to take timely decisions on the basis of real market prices prevailing in the country.
He highlighted that data driven decision-making plays a vital role in achievement of long-term goals.
The credibility of data provides the basis for unbiased and effective governance.
Secretary Ministry of Planning, Development and Reform briefed the President about the salient features of the Tablet Based Price Collection System (TPCS).
TPCS will improve the data credibility and minimize human interaction besides real-time monitoring and location tracking of the Price Enumerators deployed in the field.