ISLAMABAD: President Dr Arif Alvi Tuesday appreciated Pakistan Bureau of Statistics (PBS) initiative of developing its electronic data collection system and hoped it would auger well towards enhancing the credibility of price statistics and reducing the time tag.

The president said the interactive report making process would enable the policymakers to take timely decisions on the basis of real market prices prevailing in the country.

Meanwhile, Secretary Ministry of Planning, Development and Reform briefed the president about features of the Tablet-Based Price Collection System (TPCS), which was recently developed by PBS for collection of price statistics in the country.

TPCS would improve the data credibility and minimise human interaction, besides real-time monitoring and location tracking of the price enumerators deployed in the field, he explained.

Published in Dawn, July 17th, 2019