PBS mandated to rebase the national accounts
Business
January 2, 2021
ISLAMABAD: The government has mandated Pakistan Bureau of Statistics (PBS) to go ahead with approval of much-awaited re-basing of national accounts from fiscal year 2005-6 to 2015-16 in order to capture the latest ongoing economic activities.
Secretary Ministry of Planning Development and Special Initiatives Mathar Niaz Rana visited PBS on Friday and chaired a meeting on the activities of PBS particularly on national accounts, price statistics and the digital initiatives taken by PBS by shifting from paper based data collection to tablet based data collection. The meeting was attended by the chief economist, members and senior officers of PBS. Rana was briefed about the national accounts compilation methodology and the status of various census, surveys and studies conducted by PBS for rebasing the national accounts from 2005-06 to 2015-16.