Tuesday, 15 March 2011 12:46
‘We are not BBA students that we should be told about the elementary level definitions, calculation and importance of basic economic statistics frequently disseminated by government bodies,’ more than one middle management finance professionals complained about the “soporific presentations” at a recently held seminar organised by the central bank.
But since the seminar – titled Contributions and Achievements of Official Statistics – was the first of its kind, perhaps the elementary level discussion, was rightly warranted. In any case, the high level of participation – at least in the pre-lunch session – was quite remarkable, and shows the hunger for statistical clarity on the part of the users of these official numbers.
And for these stats loving observers of business & economy there is going to be plenty of good news this year. The “rebasing of national accounts is due to be announced in two weeks time”, according to Asif Bajwa, Federal ...