One day workshop on ~Applications of

Statistics for Academia

Project Report








Statistics and Data Warehouse Department
State Bank of Pakistan

Foreword

The Statistics & DWH Department of State Bank of Pakistan organized two one day workshops on
Major Applications of Statistics for academia, in order lo raise awareness about the Statistical
System and significance of the official statistics in Pakistan and also to provided a forum for
coordination and interaction among Deans/Chairmen/HODs and senior professors of
public/private universities/colleges, HEC officials and producers of statistics to mitigate the gap
found in theoretical statistics being taught at universities and applied statistics produced by different
organizations. The 1st workshop was successfully held on May 11, 2012 at the NIBAF, Islamabad. The
second workshop was conducted at the Learning Resource Centre of State ban k of Pakistan (SBP),
Karachi on June 28, 2012. Both the workshops were attended by a number of participants from
Public/Private Universities/Colleges of all provinces of Pakistan and Azad Jammu Kashmir that are
teaching Statistics as main their subject. Speakers from SBP highlighted the scope, coverage,
compilation methodologies and dissemination process of compilation of Balance of Payments
Statistics and Monetary & Financial Statistics. In addition to above, Director Statistics & DWH
department, SBP highlighted the role and achievements of the official statistics in the economic and
social development of the country. Both the workshops were inaugurated by Dr. Ishaque Ahmed
Ansari, Additional Director Statistics & DWH department, SBP. The proceedings of the workshops
provided valuable and updated information on statistics taught by different universities/institutions
of the country. The workshops resulted in useful discussions and feedbacks required for establishing the
interaction among HEC officials, academia and producers of Statistics. The information shared in this
report is based on the presentations made by Presenters/Speakers. The workshops and this
document will certainly be of value to pave the way in establishing a sustainable coordination among
educational institutions and agencies that produce statistics.

The Project Team


Acknowledgement


The lvo one day vorkshops on Major AppIicalions of Slalislics for Acadenia
would have not been possible without the guidance and support of Director
Statistics & DWH department, and timely supervision of Dr. Ishaque Ahmed
Ansari, Additional Director Statistics & DWH department. We are also indebted to
all those involved in organizing these workshops. Our special thanks go to
presenters of the seminars. We are also thankful to managing Director-NIBAF for
his support in Islamabad and LRC, Karachi.












Project Team

Dr. Ishaque Ahmed Ansari (Team Leader)
(Email: ishaque.ahmed@sbp.org.pk)

Mr. Azam Ali
(Email: azam.ali@sbp.org.pk)

Mr. Abdul Basit
(Email: abdul.basit2@sbp.org.pk)

Mr. Asif Ali
(Email: asif.ali@sbp.org.pk)

Contents

Foreword................................................................................................. iii

Acknowledgement ............................................................................... iv

Project Team ............................................................................................v


Introduction....................................................................................................... 1


A. WORKSHOP AT NIBAF ISLAMABAD


2. Opening/Inaugural Session of 1st Workshop...............2

2.1 Inaugural and Welcome Address, Dr. Ishaque Ahmed Ansari, Additional
Director, Statistics & DWH Department, SBP................................................................2

2.2 Opening Remarks/Introductory Address, Dr. Azizullah Khattak, Director,
Statistics & DWH Department, SBP................................................................................3

3. Technical Session - Morning Session......................................................4

3.1 Compilation of Balance of Payments of Pakistan by SBP...........................................4

3.2 Compilation of Monetary & Financial Statistics by SBP.............................................4

4. Technical Session - Evening Session......................................................5

4.1 Discussion Session:
Introductory Address, Dr. Azizullah Khattak, Director, Statistics & DWH
Department, SBP....................................................................................... .....................5

4.2 Open Iorun for Iarlicipanls for reconnendalions..............10

5. Participant`s Comments/Suggestions of the first Workshop.............11

6. Closing/Concluding Remarks/ Recommendations..............................14

7. Presentations on Technical Sessions of First Workshop.........14






B. WORKSHOP AT LRC, SBP, KARACHI

8. Opening/Inaugural Session of 2nd Workshop..........15

8.1 Inaugural and Welcome Address, Dr. Ishaque Ahmed Ansari, Additional Director,
ii

Statistics & DWH Department, SBP ..................................................................................15

8.2 Opening Remarks/Introductory Address, Dr. Azizullah Khattak, Director, Statistics
& DWH Department, SBP..................................................................................................16


9. Technical Session - First Session..............................................................17

9.1 Compilation of Balance of Payments of Pakistan by SBP...........................................17

9.2 Compilation of Monetary & Financial Statistics by SBP.............................................18


10. Technical Session - Second Session ......................................................19

10.1 Discussion Session:
Introductory Address, Dr. Azizullah Khattak, Director, Statistics & DWH
Department, SBP.......................................................................................... ....................19

10.2 Open Iorun for Iarlicipanls for reconnendalions..............19


11. Participant`s Comments/Suggestions ..................21

12. Closing/Concluding Remarks/ .....................25
13. RccnmmcndatInns..........................................25
14. Appendices .........................27
14.1 List of Participants of workshops ...............27
14.11 Lisl of Iarlicipanls of IsIanalad vorkshops.........27
14.12 List of Participants of Karachi vorkshops ..........28
14.2 Workshops progrannes ...................29
14.21 Workshops progranne al IsIanalad............29
14.22 Workshops progranne al Karachi.............3O
14.3 Photographs.......................31
14.4 Workshops evaIualions...................34
14.5 Data Compiling Agencies and Presentations .............36
1

1. Introduction
Being part of the Statistical System of Pakistan, Statistics and DWH Department, State Bank of Pakistan
endeavors to strengthen the sound statistical system of Pakistan. In order to raise awareness about the
statistical systems and significance of the official statistics in Pakistan, the Statistics & DWH Department of
State Bank of Pakistan organized two one day workshops on 'Application of Statistics for Academia.
Speakers from Statistics & DWH Department, State Bank of Pakistan highlighted the significance,
methodology and dissemination practices of statistics produced by SBP and other peer organizations. The
participants of the workshop were officials from Higher Education Commission of Pakistan (HEC) and
Deans/Chairmen/HODs/senior professors from all public sector universities of four provinces of Pakistan
and Azad Kashmir. Only those universities were selected that were offering Statistics as main subject in
their Post Graduate/Graduate syllabus. The workshops provided a forum for coordination and interaction
among Deans/Chairmen/HODs and senior professors, HEC officials and producers of statistics to mitigate
the gap found in theoretical statistics being taught at universities and applied statistics produced by different
organizations, which resulted in useful discussions and feedback required for establishing the interaction
among HEC officials, academia and producers of Statistics.
The rest of the report includes Opening/Inaugural session of first workshop covered in A` and
second workshop in B`. Morning, Technical and Afternoon discussion sessions of the workshops are
covered in section 3 and 4 respectively. Participants comments are covered in section 5 and closing
remarks/vote of thanks are placed in section 6. Presentations on Technical Sessions of first Workshop
are placed in section 7. Opening/Inaugural session of second workshop covered in B` Morning, Technical
and Afternoon discussion sessions of the workshops are covered in section 8 and 9 respectively. Participants
comments are covered in section 10 and closing remarks/vote of thanks are placed in section 11.
Presentations on Technical Sessions of first Workshop are placed in section 12. Presentations on
Technical Sessions of first Workshop are placed in section 13. List of participants of workshops,
workshop program, workshop photos, sample evaluation sheet and evaluation charts of the two workshops
are given in section 14 as appendices.
2

A. WORKSHOP AT ISLAMABAD
2. Opening/inaugural Session of 1st Workshop

2.1. Welcome Address, Dr. Ishaque Ahmed Ansari, Addl. Director, S&DWH Department, SBP
Dr. Ishaque Ahmed Ansari, in his opening address welcomed all participants of the workshop on
'Applications oI Statistics Ior Academia`. He thanked to all participants from Punjab, Khyber
Pakhtoon khwa, Azad Jammu-n-Kashmir and Higher Education Commission of Pakistan (HEC) for
their keen interest in the workshop. He specially thanked Mr. Noor Mohammad Larik, the ex-
Director General of Pakistan Bureau of Statistics (PBS) and Dean of COMSAT, Islamabad to attend
the workshop as his reflected his interest and involvement in the production and the availability of
quality statistics.
He said that progress of a country can be judged from the type and quality of statistics it produces
and for this we should have consistent policy to produce efficient youth at post graduate/graduate
level.
Highlighting the objectives of organizing the one day workshop, he elucidated that the workshop will
create awareness about the gap arisen between statistics taught by the Academia and statistics
produced by the agencies. This gap, he proposed, can be reduced by including practical approach in
devising graduate/post graduate syllabus. He further explained that, Data Producing Organizations
face difficulties in recruiting candidates having no practical knowledge of the subject.
Embarrassingly, he inIormed the participants that, even candidates mostly don`t know about the
statistical publications in the country and about their publishers. He expected that the workshop will
enhance coordination among academia and agencies in revisiting their syllabus with the
recommendations of HEC to cope with this emerging problem. He then invited Dr. Azizullah
Khattak, Director Statistics & DWH Department to deliver a speech on the functions and
contribution of different statistical organizations in Pakistan.
3

2.2 Opening Remarks/Address
Dr. Azizullah Khattak, Director, S&DWH Department, in his opening remarks, emphasized the need
of a close coordination and interaction between the academia and practitioners of the subject. In his
detailed and very informative address he explained that for effective application of the Statistical
theories and efficient use of statistics, a close coordination is required among the academia and
practitioners. He further elaborated that, due to absence of such association, the academia by and large is
not always updated on the practical applications of the subject and needs of the market. As a result, the
statistics graduates lack the knowledge about utilization of theoretical knowledge gained at post
graduate level. Highlighting the contents of the workshop, he said that the workshop is aimed at create
awareness about the current applications of statistics among academicians/researchers involved in
teaching statistics at post graduate level. The presentations and discussions in the workshop will
highlight the aspects of the post graduate syllabus which needs further concentration at the academic
institutions.
His address comprises objectives of the Workshop, discussions on the agencies Producing Official
Statistics in Pakistan and Economic Indicators Being Produced by Various Organization in Pakistan.
Exploring the demeanor of the workshop he covered main objectives that explained the three pillars
of statistical system, the need for close interaction and coordination among the stakeholders,
aawareness about the official statistics and suggestions/recommendation for a market oriented
curriculum at post-graduate level.

Dr. Azizullah Khattak also explained that Prospects for a statistics graduates are in:-
Academic Institutions
Research organizations
Statistical organizations
Further, he suggested that:
4

Official Statistics to be part of curriculum as a compulsory subject, contents to be prepared in
consultation with Statistical organizations
Curriculum to focus on practical applications of statistics
Refresher courses on official statistics for teachers
Internships for students at a statistical organizations
Enhanced coordination through workshops, seminars, study tours, etc

3. Technical Session - Morning Session
3.1 Balance of Payments of Pakistan by SBP
(Presented By: Mr. Naseer Ahmad, Additional Director, Statistics & DWH Department)

Mr. Naseer Ahmad gave presentation on Pakistan`s Balance of Payments compiled by
Statistics & DWH Department of SBP. He discussed the basic concepts of Balance of
Payments (BOP) and elaborated the BOP Double Entry Accounting System. He explained
on further the importance of BOP data which is used by government authorities for
monitoring economic activity, formulating domestic economic policies and evaluating
various economic strategies. He also explained that BOP is also used by academician,
researchers, business entities, and observers as well as by policy makers around the world
in monitoring developments in the worldwide payments position and in comparative
studies of trends in the balance of payments of various countries. Mr. Naseer informed the
audience about the processing of BOP data and its dissemination practices (for details, see
presentation at annex 14.5)

3.2 Monetary and Financial Statistics by SBP
(Presented By: Mr. Azam Ali, Joint Director, Statistics & DWH Department, SBP)

Mr. Azam Ali gave a comprehensive presentation on monetary and financial statistics
compiled by Statistics & DWH department of SBP. He clarified the difference between
5

monetary statistics and financial statistics. He further described that the monetary statistics
covers financial & non-financial assets and liabilities of financial corporations, whereas
financial statistics covers financial assets & liabilities of the entire economy. After defining
data acquisition process and main heads of questionnaire, he explained the purpose of the
sectoral balance sheet. It is to provide a framework for the collection and presentation of
data in a format that facilitates the compilation of monetary statistics. He also explained
institutional units & economic sectors and the data collection, compilation & dissemination
practices by SBP. The monetary statistics is compiled according to the latest manual of IMF
manual, Monetary and Financial Statistics Manual (MFSM) 2000. He also gave a brief
review on MFSM 2000. To elaborate further the compilation of MFS, he gave a brief
explanation on Development Financial Institutions (DFIs), Non-Bank Finance Companies
(NBFCs) and Micro Finance Banks (MFBs). At the end, he identified the practical
involvement of SBP in grooming graduates/Post Graduate through internship
progrannes. He aIso discussed his paper nainIy lased on 'hov researchers/schoIars can
utilize data available at SBP web-site. Mr. Azam also informed the audience about the
processing of Monetary and Financial Statistics and its dissemination practices (for details,
see presentation at annex 14.5)

4. Technical Session - Evening Session

4.1 Discussion Session

Dr. Azizullah Khattak opened afternoon session by inviting all participants to share their
views and recommend ways to improve collaboration between statistical agencies and
Academia. He again emphasized the need of sustainable coordination between Academia
and statistical agencies to have competent graduates that meet hiring standard of statistical
6

agencies in Pakistan. He invited participants in discussion by asking the participants about
mechanism to have a stable coordination among statistical agencies and Academia. Also
show concern that how to enhance the communication between Academia and statistical
agencies to learn from each other experiences?
He suggested that the following four improvements to the participants:

1. Improve interaction & coordination among the stakeholders
2. Enhancement of the Curriculum is important
3. Training & refresher courses for Academic Staff is needed
4. More Focus on Application of the Subject in the master courses is required

He also highlighted the major issues to be addressed during the discussions as:
Fill out the gap among Academia and Data Compiling Agencies
Faculty of Statistics have not sufficient knowledge about official Statistics
Official Statistics is not a major or minor subject in the universities

He finally gave following three broad inquests to the participants to start discussion:

HOW
WHO and
WHEN

To help participants understand, he explained these three expressions as, HOW come we
improve interaction and coordination among all stakeholders of statistics, WHO would be
responsible for this coordination and WHEN to start this task?

Dr. Noor Muhammad Larik (Ex DG, PBS) from COMSAT, Islamabad pointed out the improper
interaction and coordination among the stakeholders. He also emphasized on the need of establishment
7

of an institution that coordinate professionals and students of statistics. He gave examples of such
institutions in India and suggests developing a platform for the establishment of a similar to Indian
institution under the headship of fresh post graduate.

Dr. Ishaque Ahmad Ansari referred previous seminar in which they discussed official statistics and
guided universities about the fields of research. He maintained that State Bank of Pakistan is doing
beyond its duties by organizing such type of seminars and workshops. He suggested Higher education
Commission (HEC) to come up and help Academia to fulfil the gap identified by Dr. Larik and others.
He specifically focused on HEC syllabus and embarrassingly said that it is good enough for official
statistics but but practical approach is missing when the subject is taught. He stressed the need of close
coordination among teachers and professionals and proposed HODs to conduct at least two week
classes/refresher courses for teachers to understand the practical methods of statistics produced by
statistical agencies.

Dr. Saleha Naghmi, Kinnaird College, Lahore and others requested to broaden the area of such
gatherings in future by including Economics departments which use statistics. In replying to Dr. Ansari,
she appreciated his suggestion oI conducting reIresher courses Ior teachers and admired SBP`s
initiatives to motivate universities/colleges despite they didn`t demand. She explained projects in her
college and pointed out that, it is compulsory for students to do research for eligibility of Degree at
graduate level. She also discussed the problems faced by students during research when they try to
acquire data from statistical agencies. She requested SBP to help them know, how to utilize data
available at SBP by launching a competition among universities with hands on training. On counter
query from SBP official, she further cleared that this should be launched by HEC with collaboration of
SBP. She pointed out that there is HEC premises in Lahore that can be utilized for this task and we
Academia will support them. When Dr. Khattak referred to his offer in previous Seminar about the
opportunity that universities should request SBP to guide if they face any problem. We try to solve it
8

through internet or if needed, we may come to universities to provide them hand on guidance. No one
till now sent even a single mail in compliance of this offer. Dr. Khattak professional offered it again. Dr.
Saleha appreciated SBP keen interest and promised to send e-mail for any problem. She also requested
Iaculty members` internship at NIBAF, Islamabad Ior 1-3 months or at SBP, Karachi. There we may
send many oI our Iaculty members Ior ultimate impact on student`s quality. Dr. Khattak taken her
request and referred it to HEC as HEC has fund for this type of internships. He said PBS can also play
its part in this regard.

Mr. Muhammad Kashif, Agriculture University, Faisalabad was interested to know how communication
and communicate to improve coordination can be improved. He suggested that communication can be
improved if we share with students the outcome of meetings and workshops. Mr. Naseer Ahmad of SBP
taken opportunity to answer Mr. Kashif and suggested the development of e-mail group and
organization of video conferences to overcome communication problem and consequently for the
improvement of data quality. For this action, he recommended HEC and SBP responsible. Dr. Khattak
also added that PBS has user council, and if it is reactivated, most of the issues would be resolved.

Dr. Muhammad Iqbal of Sargodha University pointed out that the distribution of marks to Statistics
practical be given importance as given to other subjects like Physics, Chemistry and Genetics. He said
that though SBP and PBS are well organised statistical agencies but they have lack of coordination in
disseminating statistical information. To focus on future prospects of students of Statistics, he proposed
to oIIer them Accountancy` at graduate level with provision oI statistical tools like SPSS, Stata,
Minitab and Eviews etc. And make internship compulsory for them. He also suggested trainings for the
orientation of Teachers and removal of gap between Academia and Statistical agencies. Dr. Larik
replied with suggestion of internet usage. He maintained that Academia should know first, what is the
field of Statistics- it is also in other areas like Agriculture, Finance, and Industries etc. Teachers should
have analytical approach to involve students in these fields also. He also negated the need of training for
9

Teachers as it is not easy for educational institutions to send them Karachi from Islamabad or Lahore
etc. for training due to budget constraints. He proposed HEC to release some extra budget in this regard.

Dr. Zubaira Hassan, Kinnaird College, Lahore endorsed Dr. Larik`s observations about the immensity
of Statistics as subject. She also demanded that, Statistics should be included as a core and compulsory
subject for students of all disciplines, and supported her demand with a reason that statistical analysis is
needed by students of all fields. She said that students from faculties other than Statistics face problem
in quantifying and analysing data. She also proposed HEC and SBP to provide a platform to get
published their research papers. HEC officials noted her demand and promised to answer later.

Mr. Bashir Khan of HEC, Islamabad mentioned that this type of fund is also available for private
universities. In addition, he disclosed that HEC has to sign a MoU with United Kingdom regarding fund
raising for higher education. HEC is also trying to follow UK-model to establish Public-Private
partnership to boost research environment in the country. He suggested Academia to develop
coordination with SBP and HEC to motivate scholars.

Mr. Azam Ali oI SBP replied Dr. Larik`s request to answer brieIly the three inquisitions, 'Pow, Who
and When'. He wisely consolidated all these three inquests in one sentence and said, Academia should
(who) request SBP or PBS to provide hand on training help update not only students but also faculty
members, with the help of workshops/seminars (how) at university/college own premises or at SBP or
PBS premises with the help of HEC during summer/winter vacations or semester breaks (when). Dr.
Larik appreciated his instant and to the point suggestion and asked HEC officials to reply.

The observer-official from HEC listened to all questions rose during the whole session and answered
specifically. In replying to questions, he advised universities establish two units in statistics department
as Statistics Unit and Finance unit. He further proposed that students should be given assignments under
10

these units to help them groom according to market demand. He also stressed the need of revision of
syllabus every three years to update students according to global changes. He advised participants to
write letters to SBP, PBS and HEC for their demands. HEC would provide fund and other organizations
may help with their expertise. Lastly, he accepted that HEC domain is Higher Education`, and they try
their best to achieve this goal. . Mr. Javed Memon of HEC discussed the problems faced in compliance
by universities when HEC sent them Performa to rank these universities. Universities hesitate to fill out
these Performa to hide their weaknesses. If universities let us know the actual position, HEC would help
them overcome problems they faced.

4.2 Open Forum for Participants for recommendations

Feedback received from participants of the workshop in this session is summarised as under:

SBP, PBS and Academia should develop the mechanism of organization of Video Conferences
with the consent of HEC.
Official Statistics should be offered as compulsory subject in universities.
Statistics should be included as a core and compulsory subject for students of all disciplines.
Revision of syllabus is required every three years to update students according to global changes
Professionals from Data Compiling Agencies should be invited by the Academia to deliver the
lectures to faculty and students of universities/colleges.
Refresher Courses/trainings for faculty should be conducted on regular basis.
Data Compiling Agencies should announce the internship program for teachers and students
with funding from HEC.
Academia can organized the seminar/workshop or training sessions for their faculty and students
at their premises with the consent of HEC.
Establishment of an institution that coordinate professionals and students of statistics is needed.
11

Revisiting the distribution of marks to Statistics practical as given to other subjects.
Academia should request SBP or PBS to provide hand on training to students and faculty
members, with the help of workshops/seminars at university/college own premises or at SBP or PBS
premises with the help of HEC during summer/winter vacations or semester breaks.

5. Participants Comments/Suggestions


Participants actively get involved in the sessions and gave comments on both sessions with
good recommendations helpful in continuing the process to achieve goal. Following are
their comments and suggestions:-

Comments
It is really an informative and valuable workshop. Such workshops shall be
organized in future as well.
Some technical terms are not easy to understand especially in BOP and MFS. So it is
requested to use elaborated words in spite of technical words.
It was a good activity arranged by the statistics and DWH department of State Bank
of Pakistan. Such workshops/Seminars should be continuing. Specifically, such
workshops/seminars/conferences should be more focused on the applied statistics.
More workshops needed.
(Asma Zeb, Lecturer, Statistics Deptt. LCWU, Lahore) commented on limitations on
access lo lheir inleresling sludenls lo SI dala & olher lanks dala.
12

(Sharqa Hashmi, Statistics Deptt. LCWU, Lahore) appreciated that SBP has done a
good job in this respect.
(Muhammad Kashif, University of Agriculture, Faisalabad) concerned with duration
of workshop and requested to lengthen it next time. He further said that the objective of
workshop is really appreciated.
(Dr. Saleha Naghmi Habibullah, Kinnaird College, Lahore) requested to continue
this type of workshops on a regular basis. She acknowledged that, the workshop provided
ample opportunity for exchange of ideas and fruitful discussions.

Suggestions
Lectures for students regarding data correction, cleaning and dissemination must be
arranged in collaboration with SBP.
Refresher courses on official statistics for teachers shall be organized.
More trainings and meetings are needed on this topic.
Make the group of all statisticians.
Continue arrangements for such workshops for statisticians in future.
HEC, SBP, Universities and PBS should take responsibility of conducting trainings
and meeting to meet the targets.
(Asma Zeb, Lecturer, Statistics Deptt. LCWU, Lahore) suggested frequent seminars
in academic institutions. She also suggested academia to play an active role.
13

(Sharqa Hashmi, Statistics Deptt. LCWU, Lahore) replied the three key words given
by Dr. Azizullah Khattak in a way that:
How -?
Introduce:
(1) Nev paper officiaI Slalislics and olher reIevanl papers in syllabus,
(2) Case studies based on real life data collected by themselves
Who -?
HOD or Chairman of Department of University can arrange seminars/workshops or
courses to increase the knovIedge of 'appIicalion of slalislics anong sludenls and
faculty as well. HOD should present new curriculum to board of study for approval
and implementation.
When -?
After approval from board of studies, as early as possible (most probably in the next
session)
(Sadia Qamar, Sargodha University) appreciated workshop and suggested that such
workshops should be arranged, so that application of official statistics for academia should
be discussed and plans & suggestions should be presented to make it better.
(Muhammad Kashif, University of Agriculture, Faisalabad) suggested that the SBP
should arrange these type of workshops on regular basis.
(Zubaira Hassan, HOD (Economics), Kinnaird College, Lahore) suggested that such
workshops should be done more frequently reaching out to a larger number of participants.
Faculty from other departments should also be invited to spread the awareness regarding
the contribution of all statistical organizations.
14

6. Closing/Concluding Remarks

Dr. Azizullah Khattak closed the session and thanked all intellectuals to come to workshop
and showed their interest, gave valuable comments and feedback. At the end of discussion
session, Dr. Khattak thanked Dr. Larik and HEC official to come to the workshop and for their valued
suggestions. He concluded the proceedings of the workshop with remarks that, the goal of the workshop
can only be achieved with the consistent coordination and cooperation among Academia, statistical
agencies and HEC. He invited special attention of HEC officials and hoped their active role in
achieving this goal. He invited again all participants to send their problems related to data to SBP and
promised them that we will do our best to help Academia`.

7. Recommendations

Based on the feedback received from healthy discussion during the sessions and keeping in
view the ever increasing demand of quality Statistics in the market, we recommend the
following:-
1. Academia may request SBP or PBS to provide hand on training to help update students and faculty
members through workshops/seminars at university/college own premises or at SBP or PBS
premises with the help of HEC during summer/winter vacations or semester breaks.
2. An institution may be established that coordinate professionals and students of statistics.
3. Higher education Commission (HEC) should come up and help Academia by focusing on HEC
syllabus and develop close coordination among teachers and professionals and proposed HODs to
conduct at least two week classes/refresher courses for teachers to understand the practical methods
of statistics produced by statistical agencies.
4. There is a need for the development of e-mail group and organization of video conferences to
overcome communication problem and consequently for the improvement of data quality.
15

5. Statistics should be included as a core and compulsory subject for students of all disciplines, as
statistical analysis is needed by students of all fields.
6. HEC and SBP have to provide a platform to get published academia research papers. HEC officials
should play their role to accomplish their duty.
7. The experts from Statistical Agencies should be member of board of studies at university level.
8. Experts from Statistical agencies should also be taken as member of curriculum at HEC.
B. WORKSHOP AT LRC, SBP, KARACHI
8. Opening/inaugural Sessions of 2nd Workshop

8.1 Welcome Address, Dr. Ishaque Ahmed Ansari, Addl. Director, S&DWH Department, SBP
Dr. Ishaque Ahmed Ansari opened the sessions, requested Mr. Azam Ali to recite Quarnic Ayat and
afterwards welcomed all participants of the workshop on 'Applications oI Statistics Ior Academia`.
He thanked all Deans/Chairmen/HODs /Senior Professors from public sector universities: from two
provinces Sindh and Baluchistan for their keen interest in the workshop. He specially thanked
participants from Baluchistan and interior Sindh to attend the workshop as their presence in the
workshop was considered as the reflections of their keen interest and involvement in the statistical
activities which will go a long way in the overall production and the availability of quality statistics.
Highlighting the objectives of organizing the one day workshop, he explained that the workshop will
create awareness about the gap arisen between statistics taught by the Academia and statistics
produced by the agencies. This gap, he proposed, can be reduced by including practical approach in
devising graduate/post graduate syllabus. He further explained that, Data Producing Organizations
face difficulties in recruiting candidates having no practical knowledge of the subject.
Embarrassingly, he informed the participants that, even candidates mostly don`t know about the
statistical publications in the country and about their publishers.
16

He expected that the workshop will enhance coordination among academia and agencies in revisiting
their syllabus with the recommendations of HEC to cope with this emerging problem. He then
invited Dr. Azizullah Khattak, Director Statistics & DWH Department to deliver a speech on the
functions and contribution of different statistical organizations in Pakistan.

8.2 Opening Remarks/Address
Dr. Azizullah Khattak, Director, S&DWH Department, address comprises detailed discussion on the
objectives of the Workshop and role of different agencies that produce Official Statistics in Pakistan
and Economic Indicators. Exploring the character of the workshop he covered main objectives that
explained the three pillars of statistical system, the need for close interaction and coordination among
the stakeholders, aawareness about the official statistics and suggestions/recommendation for a
market oriented curriculum at post-graduate level. His valuable comments are as follows:
There are three main pillars Academia, Data Compiling Agencies and users which are inter-related
and they need to improve their interaction.
There is a big gap between the Academia and Data Compiling Agencies
Practical application oI statistics Irom the student`s side is very low and they need to be improve their
practical skills.
Faculty of Statistics have not sufficient knowledge about official Statistics
Theoretical knowledge of students are very high but the application side is weak and we want to
improve the application side because it will helpful for the statistical system of Pakistan.
The main reason of lack of application is the lack of awareness of these data compiling agencies.
It is suggested that a subject official statistics will introduce as compulsory subject. HEC already offer
the subject but a few universities follow the course official statistics.
Data quality will further improve when the application side of the student is powerful.
There are a lot of faculty member and students who don`t have any idea about the oIIicial statistics
and even they don`t know which agencies compiles which type of data. e.g. GDP, CPI and QI complied by
SBP or PBS.
17

He also gave brief details on statistical agencies producing important statistics on Pakistan. In his
very informative address he explained that for effective application of the Statistical theories and
efficient use of statistics, a close coordination is required among the academia and practitioners. He
further elaborated that, due to absence of such association, the academia by and large is not always
updated on the practical applications of the subject and needs of the market. As a result, the statistics
graduates lack the knowledge about utilization of theoretical knowledge gained at post graduate level.
Highlighting the contents of the workshop, he said that the workshop is aimed at create awareness about
the current applications of statistics. The presentations and discussions in the workshop will highlight
the aspects of the post graduate syllabus which needs further concentration at the academic institutions.
He invited Mr. Naseer Ahmad to for his presentation on BOP.
9. Technical Session - First Session

9.1 Balance of Payments of Pakistan by SBP
(Presented By: Mr. Naseer Ahmad, Additional Director, Statistics & DWH Department)

Mr. Naseer Ahmad gave presentation on Pakistan`s Balance oI Payments compiled by Statistics &
DWH Department of SBP and discussed the basic concepts of Balance of Payments (BOP) by
explaining that BOP is a statistical statement that systematically summarizes for a specific time
period, economic transactions of an economy with the rest of the world. He specifically identified
that the basic convention of a BOP statement is the Double Entry Accounting System in which every
transaction is represented by two entries of equal values. It helps to monitor all international
monetary transactions for a specific time period. He explained further the importance of BOP data
which is used by government authorities for monitoring economic activity, formulating domestic
economic policies and evaluating various economic strategies. He also explained residency criteria,
and centre oI economic interest, principles Ior valuation, coverage oI Pakistan`s balance oI
payments. BOP is also used by academician, researchers, business entities, and observers as well as
by policy makers around the world in monitoring developments in the worldwide payments position
18

and in comparative studies of trends in the balance of payments of various countries. BOP data is
also used by international bodies such as IMF, World Bank and other external stakeholders etc. He
said that BOP statistics is compiled both in Pak. Rupees & US Dollar on monthly, quarterly and
annual basis. He also discussed standard components of BOP and system of its compilation. Mr.
Naseer informed the audience about the processing of BOP data and its dissemination
practices (for details, see presentation at annex 14.5)

9.2 Monetary and Financial Statistics by SBP
(Presented By: Mr. Azam Ali, Joint Director, Statistics & DWH Department, SBP)

Mr. Azam Ali welcomed participants from University of Karachi by pointing out Dr. Mudassir
uddin, chairman University of Karachi as his classmate in M.Sc. and Dr. Ehtesham as his teacher at
University of Karachi. Afterwards, he gave a comprehensive presentation on monetary and financial
statistics compiled by Statistics & DWH department of SBP. He explained the difference between
monetary statistics and financial statistics. He explained data acquisition and explained that the
monetary and financial statistics is compiled according to the latest IMF manual, Monetary and
Financial Statistics Manual (MFSM) 2000. He also gave a brief review on MFSM 2000. After
defining data acquisition process and main heads of questionnaire, he explained the purpose of the
sectoral balance sheet. He also explained institutional units & economic sectors and the data
collection, compilation & dissemination practices by SBP. The data for a sectoral balance sheet is
obtained from individual units within financial corporations in accordance with the sectorization and
instrument classification. He discussed the scope, coverage and compilation methodology of the
monetary and financial statistics. At the end, he identified the practical involvement of SBP in
grooming graduates/Post Graduate through internship programmes. He also discussed his paper
mainly based on how researchers/scholars can utilize data available at SBP web-site. Mr. Azam
also informed the audience about the processing of Monetary and Financial Statistics and
its dissemination practices (for details, see presentation at annex 14.5)
19


10. Discussion and Feedback Session
10.1 Discussion

Dr. Azizullah Khattak opened discussion session by inviting all participants to share their views and
recommend ways how to improve coordination between statistical agencies and Academia. He
emphasized the need of sustainable coordination between Academia and statistical agencies to have
competent graduates that meet hiring standards of statistical agencies in Pakistan. He asked the
participants, what mechanism we should adopt to have a stable coordination among statistical
agencies and Academia. How we can enhance the communication between Academia and statistical
agencies to learn from each other experiences?

He suggested that the following four improvements to the participants:

1. Improve interaction & coordination among the stakeholders
2. Enhancement of the Curriculum is important
3. Training & refresher courses for Academic Staff is needed
4. More Focus on Application of the Subject in the master courses is required

He also highlighted the major issues to be addressed during the discussions as:
Fill out the gap among Academia and Data Compiling Agencies
Faculty of Statistics have not sufficient knowledge about official Statistics
Official Statistics is not a major or minor subject in the universities

10.2 Open Forum for participants for recommendations

Feedback received from participants of the workshop is summarised as under:
Though time was short, it was indeed the need of the time to organize this type of activity and
SBP did it well.
20

SBP arranged a good program and it would be of great benefit to teaching faculty members
particularly to university teachers out of Karachi.
We found workshop excellent and hoped its further improvement. He foresees that, the
coordination among statistics community will work for better Pakistan.
Copy of presentations should be given/readily available to the participants.
One participant was expecting to receive a certificate of participation from this organization
for attending the workshop.
Conduct youth development programs for new graduates of statistics.
HEC official and people from industry should be invited in the next workshop at Karachi.
SBP should develop research management division (RMD) that should provide the financial
help to researchers and teachers for publishing their research work in reputable impact factor
research journals.
SBP should organize the seminars, workshops and conferences in the universities of remote
areas of the country.
SBP and Academia should establish an statistical society that should be responsible to make
linkages among academia users and producers of the countries.
Dissemination of Data prepared by SBP should be placed at other data warehouses and
efforts should be made by the organization in producing vital statistics for Pakistan to adopt uniform
procedure i.e. PGDDS to bring reliability to data.
Invite at least one top student as internee from each institute where Statistics is being taught.
Students should guided, how to present real data and what is the applicability of data with the
theory.
SBP should provide natural data on official statistics with practical examples to use in
practical experiments at college.
SBP should consult the various departments of universities as these universities are producing
students for employment in the statistical agencies.
21

Organizing such type of workshops in future is good and, if possible this type of workshops
should be held in different universities.
Official statistics and financial statistics should be taught as practical course and not as a
subject.
Collaboration between academia and statistical agencies is very important and it should be
promoted on sustainable basis.
Financial statistics and official statistics as subjects must be introduced in the major
institutions or in the universities as a specialization fields in their final year.
Internship in the final year should be started at regular basis with statistical organizations.
Application of the SBP data for teaching of macroeconomics in BBA/MBA classes should be
facilitated through a linkage between academia and SBP.
Name of the workshop should be more specified, that is objective of workshop and prior
reading should have been specified.
Target Academia should be specified and reading material should be provided in advance.
One of the participants was expecting some useful innovations and modeling related to
statistics but presentations were only Iocused on terms oI monetary economics. Further, nothing was
related to statistics`.

11. Participants Comments/Suggestions


Intellectuals from Sindh and Baluchistan actively participated in the workshop and gave comments
with numerous recommendations found helpful in planning to achieve set goal. Their comments and
suggestions are as under:-

Comments
It is indeed the need of time to organize this type of activity on regular basis.
22

(Prof. Shabih ul Hassan Zaidi, Jamia Milia College, Karachi) found workshop excellent and
hoped its further improvement. He foresees that, the coordination among statistics community will
work for better Pakistan.
Time was short.
Copy of presentations should be given/readily available to the participants.
(Furqan-ul-Haq, Lecturer, IoMS, University of Baluchistan, Quetta) found workshop
irrelevant to statistics. Though he appreciated SBP initiative to interact Academia with statistical
organizations, he also criticized that the goals of workshop were not clear. He said that, we were
expecting some useful innovations and modeling related to statistics but presentations were only
focused on terms of monetary economics. Further, he concluded that nothing was related to
statistics`.
(Riaz Ali Buriro, Asst. Prof. Dept. of Statistics, Sindh Agriculture University, Tandojam)
viewed that, SBP arranged a good program and it would be of great benefit to teaching faculty
members particularly to university teachers out of Karachi. He further appreciated the sessions of the
workshop as they learnt a lot in a whole day workshop.
(Conard Walter D` Silva, Dept. oI applied Sciences and graduate studies, Baharia University)
commented on workshop proceeding as, I would like to receive a certificate of participation from this
organization for attending the workshop.

Suggestions
We should conduct youth development programs for new graduates of statistics.
HEC official and people from industry should be invited in next workshop.
23

(Dr. Velo Suthar, Sindh Agriculture University, Tandojam) suggested that SBP should
develop research management division (RMD) that should provide the financial help to researchers
and teachers for publishing their research work in reputable impact factor research journals. He
further suggested that, SBP should organize the seminars, workshops and conferences in the
universities of remote areas of the country. He finally requested SBP and Academia to establish an
statistical society Pakistan Statistical Society` alike international societies viz: American Statistical
association and Royal Statistical Society, that should be responsible to make linkages among
academia users and producers (developers) of the countries.
(Syed Maqbool Ur Rehman, IoBM, Karachi) suggested that the dissemination of Data
prepared by SBP should be placed at other data warehouses like brain bonds on line` etc. He Iurther
said that, concrete effort should be made by the organization in producing vital statistics for Pakistan
to adopt uniform procedure i.e. PGDDS to bring reliability to data.
(M. Shahbaz Khan, KIET, Karachi) suggested to invite at least one top student as internee
from each institute where Statistics is being taught.
(M. Mubashir Mukhtar, IBA, Karachi) highlighted some suggestions as:
- Current Speaker Sessions alike to continue
-Economics Text books should provide data
-Need to make a focal point in each institution for practical exposure
-Joint courses should be divided between a faculty and official
-At post graduate level, a chance should be given to student for publishing his/her research
work in a reasonable journal
-Students should guide how to present real data and what is the applicability of data with the
theory
24

(Prof. Dr. Mudassir uddin, chairman, dept. of Statistics, University) recommended that these type of
lectures will be organized in the department of statistics, university of Karachi, during August-
October 2012, by the director of Statistics Department, State Bank of Pakistan.
(Prof. Khawaja Mohammad Rashid, Associate Prof. Govt. National College, Karachi) showed his
interest and suggested to provide them natural data on official statistics with practical examples to
use in practical experiments at college.
(Riaz Ali Buriro, Asst. Prof. Dept. of Statistics, Sindh Agriculture University, Tandojam) suggested
that SBP should consult the various departments of universities as these universities are producing
students for employment in the statistical agencies.
(Dr. Muhammad Hanif Lakho, Asst. Prof. Dept. of Statistics, Sindh Agriculture University,
Tandojam) suggested organizing such type of workshops in future. He questioned, if possible this
type of workshops should be held in different universities. He further suggested that, opportunities
should be given to university students for internship in SBP.
Official statistics and financial statistics should be taught as practical course and not as a subject.
Collaboration between academia and statistical agencies is very important and it should be promoted
on sustainable basis.
Financial statistics and official statistics as far as it concerned, these subjects must be introduced in
the major institutions or in the universities as a specialization fields in their final year or in M.Sc.
Level.
Internship in the final year should be started at regular basis with statistical organizations.
(Masood Ahmed, SZABIST, Karachi) suggested that the application of the SBP data for teaching of
macroeconomics in BBA/MBA classes should be facilitated through a linkage between academia and
SBP.
25

Name of the workshop should be more specified, that is objective of workshop and prior reading
should have been specified.
Target Academia should be specified and reading material should be provided in advance.
12. Closing/Concluding Remarks

Dr. Azizullah Khattak closed the session and thanked all intellectuals to come to workshop
and gave valuable comments and feedback to help us achieve our goal. At the end of discussion
session, Dr. Khattak again expressed thanks to Dr. Mudassir, chairman University of Karachi and other
intellectuals to spare some of their precious time for the workshop and for their esteemed suggestions.
He concluded the proceedings of the workshop with remarks that, the goal of the workshop can only be
achieved with the consistent coordination and cooperation among Academia, statistical agencies and
HEC. He requested special attention of HEC officials (not present in the workshop) for their active
role help us in achieving this goal.

13. Recommendations

Based on the feedback received from healthy discussion during the sessions and keeping in view the
ever increasing demand of quality Statistics in the market, we recommend the following:-
SBP may develop research management division (RMD) in Statistics & DWH Department,
that should provide help to researchers and teachers for publishing their research work in reputed
research journals. SBP may organize the seminars, workshops and conferences in the universities of
remote areas of the country. SBP and Academia may establish statistical society hat should be
responsible to make linkages among academia, users and producers (developers) of valued Statistics
of country.
SBP may invite at least one top student as internee from each institute where Statistics is
being taught during its bi-annual internship programme.
26

Financial statistics and official statistics may be introduced by HEC in the major institutions
or in the universities as a specialization fields in their final year or in M.Sc. Level.
The application of the SBP data for teaching of macroeconomics in BBA/MBA classes may
be facilitated through a linkage between academia and SBP.
At post graduate level, a chance should be given by the Academia to the students for
publishing their/her research work in a reasonable journal
Academia may conduct youth development programs for new graduates of statistics.
Higher education Commission (HEC) may help Academia by focusing on HEC syllabus and
develop close coordination among teachers and professionals and proposed HODs to conduct at least
two week classes/refresher courses for teachers to understand the practical methods of statistics
produced by statistical agencies.
Statistics should be included as a core and compulsory subject for students of all disciplines, as
statistical analysis is needed by students of all fields.
The experts from Statistical Agencies should be member of board of studies at university level.
Experts from Statistical agencies should also be taken as member of curriculum at HEC.
Alike workshops/Seminars should be conducted on regular basis not only by SBP but also by
HEC and Academia to help achieve this goal.





27

14. Appendices
14.11 List of Participant (Punjab, KPK, AJ&K, ISB)
Agricultural University, Peshawar Dr. Zahid Hussain
Agriculture University, FSD Mr. Muhammad Kashif
AJ&K University, Muzaffarabad
COMSAT, Attock Mr. Shahid Hussain
COMSAT, Islamabad Dr. Masood Anwar
COMSAT, Islamabad Dr. Noor Muhammad Larik
GCU Lahore Mr. Yasir Mahmood
GPG College Mansehra Mr. Jamal Shah
GPG College Mansehra Mr. Majid Khan
HEC, Islamabad Mr. Javed Memon
HEC, Islamabad Mr. Bashir Khan
IIU, Islamabad Dr. Irshad Ahmed
IIU, Islamabad Dr. Ishfaq Ahmed
IIU, Islamabad Dr. Zahid
Kinnaird College, Lahore Dr. Saleha Naghmi Habibullah
Kinnaird College, Lahore Mrs. Zubaira Hassan
LCWU, Lahore Ms. Sharqa Hashmi
LCWU, Lahore Ms. Asma Zeb
NIBAF, Islamabad Dr. Zahid Asghar
NU, FAST, Islamabad Mr. Khalil Ullah
NU, FAST, Islamabad Mr. Usman Ashraf
PIDE, Islamabad Ms. Amena Urooj
PIDE, Islamabad Mr. Zamir Hussain
Sargodha University Mr. Muhammad Iqbal
Sargodha University Ms. Sadia Qamar
SZABIST, Islamabad S. Asad Hussain

28

14.12List of Participant (Sind & Baluchistan)
Applied Economics Research Centre (AERC) Mr.Suhail Javed
Applied Economics Research Centre (AERC) Dr. Anjam Aqeel
Bahria University Karachi Campus Mr. Ishtiaq Ahmed
Bahria University Karachi Campus Mirza Uzair Baig
Bahria University Karachi Campus Mrs. Tehniat Mirza
Bahria University Karachi Campus Mr. Engr. Conard D'Silva
Institute of Business & Technology BIZTEK Syed Arslan Wasti
Institute of Business Administration Mr. Nauman J. Amin
Institute of Business Administration Mr. Mubashir
Institute of Business Management Mr. Rizwan Ahmed
Institute of Business Management Ms. Hina samreen
Institute of Business Management Mr. Wajahat Ali
Institute of Business Management Mr. Laiq Muhammad
Institute of Business Management S. Maqbool Rehman
Institute of Business Management Amnah Abbas
ISRA University, Hyderabad Mr. Javaid Dars
ISRA University, Hyderabad Mr. Raza Mustafa
Karachi Institute of Economics & Technology Mr. Muhammad Shahbaz Khan
SZABIST, Karachi Mr. Sumair Siraj Memon
SZABIST, Karachi Mr. Masood Ahmed
Sindh Agriculture University, Tandojam Dr. Velo Suthar
Sindh Agriculture University, Tandojam Dr. Muhammad Hanif Lakho
Sindh Agriculture University, Tandojam Mr. Riaz Ali Buriro
University of Balochistan, Quetta Mr. Furqan-ul-haq Siddiqui
University of Karachi Dr Ehtesham Hussain
University of Karachi Dr. Mudassir Uddin
University of Sindh Dr. Ghulam Hyder Talpur
University of Sindh Mr. Javed Iqbal Chandio
Adamjee Science College Mr. Nadeemuddin
GECE (W/M), Hussainabad, Karachi Ms. Shabana Hyder
Govt. College for Men Mr. Waqar
Govt. College of Education FB Area Kjarachi Mr. Irfan Ullah Qureshi
Govt. National College Mr. Kh. Rashid
Govt. National College Mr. Nasiruddin
Govt.College for men Nazimabad No.2 Mr. Muhamad Waqar
Govt.College for men Nazimabad No.2 Mr. Atif Nawaz
Jamia Milia College S. Sabihulah Zaidi
CAMS College Abu-Tarique

29

14.2 Workshop Programs
14.21 Islamabad Workshop Program

PROGRAMME

One Day Workshop on
"MAICk ALICA1ICNS CI S1A1IS1ICS ICk ACADLMIA``
May 11, 2012 at NIBAF Islamabad


OPENING SESSION

0830-0930 Arrival of Participants

0930-0945 Inauguration of workshop by Dr. Ishaque Ahmad Ansari,
Additional Director, Statistics & DWH Department,
State Bank of Pakistan, Karachi

0945-0950 Recitation from verses of Holy Quran


0950-1030 Welcome address by Dr. Azizullah Khattak,
Director, Statistics & DWH Department,
State Bank of Pakistan, Karachi


1030-1045 Tea Break

TECHNICAL SESSIONS


1. (Naseer Ahmed, Additional Director)

1045-1145 Presentation on Compilation procedure of Pakistan Balance of Payments


2. (Azam Ali, Joint Director)

1145-1245 Presentation on Compilation procedure of Monetary and Financial Statistics


1245-1430 Lunch/Friday Prayers Break


1430-1630 Group Discussion on the aspects of syllabus taught at post graduate level.


Note: Mr. Abdul Basit, Assistant Director - facilitator.
30


14.22 Karachi Workshop Program

PROGRAMME

One Day Workshop on
"MAICk ALICA1ICNS CI S1A1IS1ICS ICk ACADLMIA``
June 28, 2012 at LRC Karachi


OPENING SESSION

0830-0930 Arrival of Participants


0935-0940 Recitation from verses of Holy Quran


0940-1015 Welcome address by Dr. Azizullah Khattak,
Director, Statistics & DWH Department,
State Bank of Pakistan, Karachi



1015-1045 Tea Break

TECHNICAL SESSIONS


1. (Naseer Ahmed, Additional Director)

1045-1200 Presentation on Compilation procedure of Pakistan Balance of Payments



2. (Azam Ali, Joint Director)

1200-1300 Presentation on Compilation procedure of Monetary and Financial Statistics



1300-1430 Lunch Break


1430-1630 Group Discussion on the aspects of syllabus taught at post graduate level.


31

PHOTOGRAPHS



32







33











34







35






36


EVALUATIONS
14.4 Workshop Evaluation

1st Workshop

EVALUATION RESULTS
ONE DAY WORKSHOP ON Major Applications of Statistics for Academia
At NIBAF, State Bank of Pakistan, Islamabad Pakistan
(May 11, 2012)




Coverage given to the
topic
Relevance to the job Sharing of experience
Contribution to the
knowledge base
Excellent 25% 30% 45% 55%
Good 65% 50% 45% 30%
Satisfactory 10% 20% 10% 10%
Unsatisfactory 0% 0% 0% 5%
0%
20%
40%
60%
80%
100%
120%
37

14.4 Workshop Evaluation

2nd Workshop
EVALUATION RESULTS
ONE DAY WORKSHOP ON Major Applications of Statistics for Academia
At LRC, State Bank of Pakistan, Karachi
(June 28, 2012)




Coverage given to the
topic
Relevance to the job Sharing of experience
Contribution to the
knowledge base
Excellent 38% 23% 31% 28%
Good 45% 47% 59% 56%
Satisfactory 17% 30% 11% 16%
Unsatisfactory 0% 0% 0% 0%
0%
20%
40%
60%
80%
100%
120%
38

14.5 Data compiling Agencies and Presentations

Data Compiling Agencies
State Bank of Pakistan [http://www.sbp.org.pk]
Pakistan Bureau of Statistics [http://www.pbs.gov.pk]
Provincial Bureaus of Statistics
Statistical cells in Government department


State Bank of Pakistan

External Sector
Balance of Payments
International reserves
Foreign Trade
International investment position
External debt
Exchange rates
Financial Sector
Analytical accounts of Central bank
Analytical accounts of Banking sector
Interest rates
Financial soundness indicators
Banking statistics
Flow of funds accounts
39


Pakistan Bureau of Statistics

Real Sector
National accounts
Production index
Forward-looking indicators
Labor market: Employment, unemployment, wages, etc
Price index: Consumer prices
Price index: Producer prices
Population
Income expenditure and social statistics surveys
Government Ministries
Fiscal Sector
General government operations (Revenue and expenditure)
Central government operations (Tax revenue and non-tax revenue)
External debt
Central government debt (external & domestic)