News

Decision Support System for Inflation on cards

January 8, 2021 02:36 AM


The government has planned to introduce a new system titled Decision Support System for Inflation (DSSI) to rein in unbridled price hikes and its causes.

The Ministry for Planning Development and Special Initiatives will launch it after the approval of Prime Minister Imran Khan.

The Decision Support System for Inflation will enable policymakers – National Price Monitoring Committee, provincial governments and district administration – to take an evidence-based policy decision and address causes of inflation.

The DSSI is featured with providing market-level information, city-wise comparison of prices, time-series data at commodity level etc. One of the salient features of DSSI is that it provides a comparison of rates issued by the deputy commissioner and those collected by PBS on a weekly basis.

 



Most Read

  1. Yet another burden on people: Govt hikes oil prices Yet another burden on people: Govt hikes oil prices
  2. Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology Public reacts to Bohemia's music video ‘Salsa’ starring Sistrology
  3. Saudis offered PIA, airports, joint ventures to build five-star hotels Saudis offered PIA, airports, joint ventures to build five-star hotels
  4. Finance minister rules out further rupee devaluation Finance minister rules out further rupee devaluation
  5. Post-mortem report says woman’s death caused by her falling off train Post-mortem report says woman’s death caused by her falling off train
  6. Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain Hamari Mulaqat: Bushra Ansari opens up about divorce and 2nd marriage to Iqbal Hussain

Opinion

  1. Insights into the Pakistan Stock Exchange's Recent Record High Triumph
    Insights into the Pakistan Stock Exchange's Recent Record High Triumph

    By Zulfiqar Ali Mir

  2. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  3. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  4. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  5. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  6. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer