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


Top Story
May 4, 2021
ISLAMABAD: Federal Minister for Finance Shaukat Tarin has directed the Pakistan Bureau of Statistics (PBS) 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 inflation figures.
Although, the PBS officials are tight-lipped and no one was ready to say anything on the record, insiders say that the PBS was left with no other option but to refer this issue towards its high-powered technical committee and then go back to the National Price Monitoring Committee (NPMC) with its response in line with the recommendations finalised by this technical committee on how the directives of the finance minister could be inco ....

United States , Shaukat Tarin , Ramazan Saastaa Sahulat Bazars , Waqar Masood , Ramazan Saasta Saulahat , World Bank , Pakistan Bureau Of Statistics , National Food Security , Research Syed Fakhar Imam , Md Utility Stores Corporation , Ministry Of Planning , National Price Monitoring Committee , Federal Minister , Finance Shaukat Tarin , Pakistan Bureau , Saulahat Bazaar , Revenue Dr Waqar Masood , Secretary Finance Division , Provincial Chief Secretaries , Stores Corporation , Sahulat Bazars , ஒன்றுபட்டது மாநிலங்களில் , ஷௌுகத் தாரின் , வகார் மசூட் , உலகம் வங்கி , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் ,

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


National
May 4, 2021
ISLAMABAD: Federal Minister for Finance Shaukat Tarin has directed the Pakistan Bureau of Statistics (PBS) 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 inflation figures.
Although, the PBS officials are tight-lipped and no one was ready to say anything on the record, insiders say that the PBS was left with no other option but to refer this issue towards its high-powered technical committee and then go back to the National Price Monitoring Committee (NPMC) with its response in line with the recommendations finalised by this technical committee on how the directives of the finance minister could be incor ....

United States , Shaukat Tarin , Ramazan Saastaa Sahulat Bazars , Waqar Masood , Ramazan Saasta Saulahat , World Bank , Pakistan Bureau Of Statistics , National Food Security , Research Syed Fakhar Imam , Md Utility Stores Corporation , Ministry Of Planning , National Price Monitoring Committee , Federal Minister , Finance Shaukat Tarin , Pakistan Bureau , Saulahat Bazaar , Revenue Dr Waqar Masood , Secretary Finance Division , Provincial Chief Secretaries , Stores Corporation , Sahulat Bazars , ஒன்றுபட்டது மாநிலங்களில் , ஷௌுகத் தாரின் , வகார் மசூட் , உலகம் வங்கி , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் ,

Finance Minister Orders Strict Monitoring of Prices of Basic Commodities


Finance Minister Orders Strict Monitoring of Prices of Basic Commodities
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the National Price Monitoring Committee (NPMC) at the Finance Division today.
The NPMC reviewed the price trend of essential commodities especially wheat flour, sugar, edible ghee, chicken, and vegetables during the last week. While briefing the NPMC about weekly SPI, the Finance Secretary apprised that prices of 09 basic commodities registered a decline whereas 30 items remained stable during the week under review.
In compliance with the earlier directions of the Finance Minister, the Pakistan Bureau of Statistics updated the Committee about data collection methodology and presented a detailed working regarding the disparity between wholesale and retail prices of essential commodities. ....

Shaukat Tarin , Waqar Masood , Ramadan Saastaa Sahulat Bazars , Research Syed Fakhar Imam , National Food Security , Md Utility Stores Corporation , National Price Monitoring Committee , Pakistan Bureau Of Statistics , Federal Minister , Finance Division , Finance Secretary , Finance Minister , Pakistan Bureau , Sahulat Bazars , Provincial Governments , Prime Minister , Secretary Finance Division , Provincial Chief Secretaries , Stores Corporation , ஷௌுகத் தாரின் , வகார் மசூட் , ஆராய்ச்சி சையத் பகார் இமாம் , தேசிய உணவு பாதுகாப்பு , ம்ட் பயன்பாடு கடைகள் நிறுவனம் , தேசிய ப்ரைஸ் கண்காணிப்பு குழு , பாக்கிஸ்தான் பணியகம் ஆஃப் புள்ளிவிவரங்கள் ,