'Reliable statistics must to carve out policies'
``The reliable and efficient statistics are basic ingredients to carve out effective monetary and macroeconomic policies,'' said Muhammad Kamran Shehzad, Deputy Governor, SBP, while speaking at a seminar on ``Contributions and achievements of official statistics'', organised by the central bank and the National Institute of Banking and Finance in Islamabad on Tuesday.
From time to time, to my surprise, I still hear people asking why policies matter.