BR100 Increased By (0.22%)
BR30 Increased By (0.56%)
KSE100 Increased By (0.31%)
KSE30 Increased By (0.2%)
AGHA 7.64 Increased By ▲ 0.01 (0.13%)
BECO 5.27 Decreased By ▼ -0.30 (-5.39%)
BML 59.50 Decreased By ▼ -0.24 (-0.4%)
BOP 34.66 Increased By ▲ 0.26 (0.76%)
CNERGY 13.12 Increased By ▲ 0.01 (0.08%)
CSIL 6.53 Increased By ▲ 0.12 (1.87%)
FCCL 57.95 Decreased By ▼ -0.11 (-0.19%)
FFL 16.31 Increased By ▲ 0.08 (0.49%)
FNEL 1.21 No Change ▼ 0.00 (0%)
KEL 7.44 Increased By ▲ 0.01 (0.13%)
KOSM 6.09 Increased By ▲ 0.06 (1%)
LOTCHEM 27.70 Increased By ▲ 0.03 (0.11%)
MLCF 102.79 Increased By ▲ 0.04 (0.04%)
NBP 205.69 Increased By ▲ 0.63 (0.31%)
NCPL 61.02 Increased By ▲ 1.39 (2.33%)
NPL 70.10 Increased By ▲ 1.54 (2.25%)
OGDC 320.70 Increased By ▲ 1.78 (0.56%)
PACE 11.33 Increased By ▲ 0.28 (2.53%)
PAEL 43.00 Decreased By ▼ -0.10 (-0.23%)
PIBTL 16.60 Decreased By ▼ -0.03 (-0.18%)
PPL 232.51 Increased By ▲ 3.06 (1.33%)
PRL 74.90 Increased By ▲ 4.10 (5.79%)
PTC 71.00 No Change ▼ 0.00 (0%)
SSGC 27.35 Decreased By ▼ -0.06 (-0.22%)
TBL 10.28 Decreased By ▼ -0.03 (-0.29%)
TELE 8.60 Increased By ▲ 0.07 (0.82%)
TPL 23.18 Increased By ▲ 0.12 (0.52%)
TPLP 15.63 Decreased By ▼ -0.13 (-0.82%)
TREET 24.79 Increased By ▲ 0.08 (0.32%)
TRG 60.25 Decreased By ▼ -0.04 (-0.07%)
Top News

FBS, PCO and ACO merged: PBS to provide credible data on economy

ZAHEER ABBASI ISLAMABAD: The government has made operational Pakistan Bureau of Statistics (PBS) by merging the three
Published Updated

 ZAHEER ABBASI

ISLAMABAD: The government has made operational Pakistan Bureau of Statistics (PBS) by merging the three statistical divisions with the purpose of producing a more credible data of various sectors of the economy.

Addressing a press conference after presiding over the first meeting of the governing council here, Finance Minister Dr Abdul Hafeez Sheikh said the Federal Bureau of Statistics (FBS), Population Census Organisation (PCO) and Agriculture Census Organisation (ACO) have been merged in line with the law passed by the parliament to set up an autonomous statistical body.

The minister said the governing council headed by professionals would manage the affairs of PBS and a human resource committee has been formed to interview and appoint chief statistician to head the body. He said professionals of good repute from various sectors would manage the affairs of the PBS to produce independent and reliable data to help the government prepare better policies for economy, population, agriculture and other sectors. Hafeez said all the data prepared by the Pakistan Bureau of Statistics would be shared with public and Secretary Statistics Division, Asif Bajwa would manage the affairs of the new body for the interim period till the appointment of chief statistician.

The governing council of the PBS would function independently without being answerable to any ministry in compilation of the data. In reply to a question, he said that the government would soon advertise the post for hiring the chief statistician to run the affairs of the organisation.

The minister said the governing body formed a three-member HR committee to interview people for appointment of chief statistician. The sector-wise user council would be set up by taking representatives from relevant sectors, stakeholders and representatives from the provinces.

An official said the law provides for formation of 'Data Users Council' to guide and give input to the policies of the PBS. The users council will include representatives from provincial governments, the State Bank, private sector and media.

The law also provides for setting up of a statistics fund to ensure financial autonomy to the bureau. Additionally, a Statistics Research and Training Institute (SRTI) would be set up in Lahore to train the officials of the organisations.

Comments

Comments are closed for this article.