FPO makes use of satellite data
The Fiscal Policy Office (FPO) is using satellites and carbon dioxide density measures to study economic conditions on a more continuous basis, according to senior officials at the Finance Ministry’s think tank.
The data will allow the FPO to analyse data for areas to improve efficiency in tracking the most recent economic circumstances, as traditional economic indicators are either laggards or do not provide area analysis data, said Pisit Puapan, director of the FPO’s Macroeconomic Policy Bureau.
Wichit Chantanusornsiri
