Two-Day Users-Producers Workshop

Functions of
STATISTICS DEPARTMENT
State Bank of Pakistan
 Mission Statement

"Our mission is to ensure timely

dissemination of high quality statistics
for the monetary and macro-economic
policies leading to the prosperity of
Pakistan"
 Components of the Business Process

Operational: Compilation and dissemination of statistics

according to the specification of
annual Business Plan

Developmental: Projects aimed for innovation and

improvements in methodologies to:

● bring it in line with the international

standards
● cater the growing needs of the stakeholders
● improve the quality, transparency and
timeliness of the statistics compiled
● adopt new developments
 Operational Functions

Compilation and dissemination of the following statistics:

(Monthly)
• Balance of payments statistics
• Statistics on import payments and export receipts,
• Workers’ remittances
• Foreign direct & portfolio investment
• Weighted average lending & Deposit rates
• Loans & Deposits classified by borrowers – ISIC
classification
• Pakistan monetary survey
• Institutional distribution of funds
• Statements of stocks and utilization of FCA
Main Functions continued…

(Quarterly)
• Compilation of fixed industrial investment in private sector
• Outstanding stock of external debt & liabilities and debt
servicing
• Sectoral Balance Sheets of non-bank financial institutions
(NBFIs)
(Half Yearly)
• Statistics of scheduled banks – various dimensions
• Statistics of Co-operative banks – various dimensions
• Seasonal adjustment of important data series
 Main Functions continued…

(Annual)

• Survey of foreign investment & liabilities/assets

• International Investment Position (IIP)

• Ownership of federal government debt

• Analysis of balance sheets of joint stock companies listed on KSE

(non-financial)

• Estimates of flow of funds accounts

• Equity yield of ordinary shares quoted at KSE

 Main Functions continued…

(Daily)

• Position of SCRA

• Index numbers of stock exchange securities traded at KSE

 Publications (11 +)
Publication Frequency
Statistical Bulletin Monthly
Export Receipts Monthly
Statistics on Scheduled Banks in Pakistan Half Yearly
Export Receipts Annual
Annual Report (Statistical Annexure) Annual
Pakistan’s Balance of Payments Annual
Balance Sheet Analysis of Joint Stock Co’s listed at Karachi Stock Annual
Exchange
Banking Statistics of Pakistan Annual
Equity Yields on Ordinary Shares Annual
Foreign Liabilities & Assets and Foreign Investment in Pakistan Annual
Index Numbers of Stock Exchange Securities Annual
Handbook of statistics on Pakistan’s economy 5 years
Updating statistics on SBP Website Regularly
 Key Developmental Projects
• Adoption of HS classification of commodities for trade data
• Implementation of 5th Manual for compilation of Balance of
payments
• Coordinated Portfolio Investment Survey
• Review of all publications on the basis of users’ feedback
• Adoption of ISIC for classification of private sector business
• Implementation of SNA 93 for compilation of FFA
• Compilation of IIP
 Key Developmental Projects
• Implementation of MFSM 2000
• Seasonal adjustment of data
• Handbook of statistics on Pakistan economy
• Preparation of Data Revision Policy
• Data Dissemination Policy
• Improve effectiveness of banking and monetary data … in
progress
• Collaboration among data compilers and users
 Key Developmental Projects

Collaboration among data compilers and users

Objectives
• To establish interaction among data providers & users
• to create awareness on the methodologies and
availability of statistics
• to identify shortfalls in scope and coverage of available
data
• to identify gaps in availability and needs of users
• to formulate strategies and recommendations for filling
gaps
• implementation of strategies relating to SBP
 Key Developmental Projects

Collaboration among data compilers and users

Implementation

• To conduct users-producers workshops

• Steering Committee of Coordinators
• Technical Committees of users and producers
 Collaboration among data compilers and users

Responsibilities of Technical committees

• Identification of areas for improvements on the basis of

feedback from the users during presentations
• to examine feasibility and implications of the suggestions
provided by the users
• presentations of the recommendation in the workshop
• to prepare recommendations for review by the Steering
committee
 Collaboration among data compilers and users
Composition of Technical committees
External Sector
Mr Zafar ul Hassan, Finance Div (Leader)
Mr Zafar Iqbal, SD, SBP
Mr Naseer Ahmad, SD, SBP
Mr Khalid Siddique, FBS
Mr Arshad Mehmood Sahi, EAD
Mr Mohammad Afaq, EAD
Syed Sajid Ali, RD, SBP
Mr Ghulam Rabbani, AC, SBP
Mr Junaid Iqbal, Head Res; CNBC
Real Sector
Mr Muhammad Afzal, P&D (Leader)
Mr Raees ul Hassan, FBS
Mr Rana Ishaque Rana, FBS
Mr Muneer Aslam, FBS
Mr Abdul Azeem Sahaitho, FBS
Mr Moin ud Din, RD, FBS
Dr Fazal Hussain, PIDE/CBM
Mr Arif Mahmood Cheema, FBS
Malik Muhammad Ashraf, SD, SBP
 Collaboration among data compilers and users
Composition of Technical committees

Fiscal Sector Financial Sector

Mr Najeeb Qadir (Leader), CBR
Mr Zafar ul Hassan, EAD
Dr Saeed Ahmad, RD, SBP
Mr Wamiq Rasheed Khan, ED Res: EPB
Dr Azizullah Khattak, SD, SBP (Leader)
Mr Faisal Maqsood, EDMD, SBP
Mr Muhammad Arif, EDMD, SBP
Mr Haroon Askari, KSE
Mr Mohammad Amin Lodhi, RD, SBP
Ms Moneeza Kalsoom Ahmad, IBP
 Collaboration among data compilers and users
Composition of Technical committees
Socio-Demographic
Dr Ishaq Ansari, SD, SBP (Leader)
Mr Mehboob Sultan, NIPS
Mr Muhammad Saeed, PCO
Dr Mian Farood Haq, RD, SBP
Prof Zahid Mehmood, KU
Miscellaneous
Mr K.K Suri, EPB (Leader)
Mr Ali Rehman SECP
Mr Ali Ahmad, SBS
Mr Shamim Rafiq PBS
Mr Aslam Shakir Baloch, BBS
Ms Iqbal Ahmad, NWFPBS
Prof Dr Shafiq ur Rehman
Dr S.M. Hasnain Bokhari, SD, SBP
 Users-Producers Workshop

Final Request

• Time management
• Uses’ Feedback
 International Investment Position (IIP)

IIP shows stock of an economy’s external asset and

liabilities at a particular point of time

Assets Liabilities

Direct investment Direct investment

Portfolio investment
– Equity securities Portfolio investment
– Debt securities
Other investment Other Investment
– Trade credits
– Loans
Reserve Assets
 Seasonal adjustment of Data

Most of banking and economic data follow seasonal

patterns and unadjusted data is usually misleading

Data series of advances, deposits, imports, exports,

workers’ remittances, borrowing from SBP, currency in
circulation, M1 and M2

The analysis is carried out regularly according to the

frequency of the data series
 Index numbers of stock exchange securities
Objective

To measure changes in the prices of shares traded at KSE for the 641 Cos listed at KSE.

Coverage
The index of share prices cover ordinary shares of all companies traded at KSE on a
particular day

Scope
Overall and economic group wise general index, sensitive index and market capitalization
on daily basis
 Balance sheet analysis of joint stock companies
listed at KSE
Objective
To evaluate the performance of non-financial Cos /sectors listed at KSE through various indicators
developed from the data provided in Cos’ published annual reports

Coverage
The analysis is based on the published annual reports of non financial sector companies listed at KSE

Scope

The performance indicators include:

• Current ratio

• Debt equity ratio

• Cash flow ratio

• Indicators of growth

• Indicators of financial flows

 Equity yields on ordinary shares
Objective

The term yields indicates return per hundred rupees of capital cost of
investment. The objective of the study is to evaluate the performance of
different investments in ordinary shares.

Coverage
All listed companies
Scope
Overall, economic group-wise indicators such as
• Dividend yield
• Earning yield
• Index of dividend
• index of earning
 Half yearly Statistics on Scheduled Banks
• Objective
To provide comprehensive and reliable statistics covering major aspects
of banking such as.
– Deposits
• By category of deposit holder
• By type of account
• By rate of return
– Advances
• By borrower
• By collateral
• By rate of margin retained
• By rate of return
– Bills purchased and discounted
– Investment
• By institution
• By securities
– Liability & Asset
 Ownership classification of Federal Govt Debt

Sources (2000)

• Scheduled & Cooperative banks

• NBFCs
• Insurance Companies
• Govt sponsored institutions
• Other public institutions
• Local authorities
• staff provident funds
• Joint stock companies

Classification of debt

• Federal Govt securities/bonds

• National prize bonds
• National saving schemes
• Treasury bills