Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb said on Wednesday that the Pakistan Economy Dashboard (PED) would help promote transparency, ensure data accessibility, and serve as an interactive platform for data analysis.
“Data is the new oil. The point is what you do with that data,” the minister remarked while addressing the launching ceremony of the Pakistan Economy Dashboard the minister here.
Initially, it can’t just be raw data that would need to be transformed through data analytics, for this purpose there is need to create an interactive platform like PED.
Aurangzeb said this platform offers transparency to stakeholders across various sectors, including the finance ministry, other ministries, academia, research institutions, media organisations, and journalists.
He said there would no longer be a need to visit libraries or dig through books. PED provides unbiased facts, whether we like them or not, regardless of whoever they belong to. The fact base is now at your fingertips.
