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Global Go To Think Tank Index (GGTTI) 2020 launched                    111,75 Think Tanks across the world ranked in different categories.                SDPI is ranked 90th among “Top Think Tanks Worldwide (non-US)”.           SDPI stands 11th among Top Think Tanks in South & South East Asia & the Pacific (excluding India).            SDPI notches 33rd position in “Best New Idea or Paradigm Developed by A Think Tank” category.                SDPI remains 42nd in “Best Quality Assurance and Integrity Policies and Procedure” category.              SDPI stands 49th in “Think Tank to Watch in 2020”.            SDPI gets 52nd position among “Best Independent Think Tanks”.                           SDPI becomes 63rd in “Best Advocacy Campaign” category.                   SDPI secures 60th position in “Best Institutional Collaboration Involving Two or More Think Tanks” category.                       SDPI obtains 64th position in “Best Use of Media (Print & Electronic)” category.               SDPI gains 66th position in “Top Environment Policy Tink Tanks” category.                SDPI achieves 76th position in “Think Tanks With Best External Relations/Public Engagement Program” category.                    SDPI notches 99th position in “Top Social Policy Think Tanks”.            SDPI wins 140th position among “Top Domestic Economic Policy Think Tanks”.               SDPI is placed among special non-ranked category of Think Tanks – “Best Policy and Institutional Response to COVID-19”.                                            Owing to COVID-19 outbreak, SDPI staff is working from home from 9am to 5pm five days a week. All our staff members are available on phone, email and/or any other digital/electronic modes of communication during our usual official hours. You can also find all our work related to COVID-19 in orange entries in our publications section below.    The Sustainable Development Policy Institute (SDPI) is pleased to announce its Twenty-third Sustainable Development Conference (SDC) from 14 – 17 December 2020 in Islamabad, Pakistan. The overarching theme of this year’s Conference is Sustainable Development in the Times of COVID-19. Read more…       FOOD SECIRITY DASHBOARD: On 4th Nov, SDPI has shared the first prototype of Food Security Dashboard with Dr Moeed Yousaf, the Special Assistant to Prime Minister on  National Security and Economic Outreach in the presence of stakeholders, including Ministry of National Food Security and Research. Provincial and district authorities attended the event in person or through zoom. The dashboard will help the government monitor and regulate the supply chain of essential food commodities.

Economic Gurus: The PTI Government just presented the mini-finance bill!
By: Dr Vaqar Ahmed
First of all, there is a need to restore investor’s confidence. Our policies should complement investors’ expectations. Investors want two things: stability and long-term direction in sectoral policies like the energy sector and stability in the government’s tax policy. Rapid changes in tax policy hurt investors’ confidence.
They also want to see continuity in the incentives the government offers for the promotion of industries and exports. Such incentives should not be withdrawn in the middle of the year due to other pressures in the economy. Investors also have a keen interest in the timely development of the special economic zones (SEZs) and the related infrastructure so that they can invest in these SEZs. If the government can ensure these three-four cross-sectional things, investors’ interest will be restored and as a result, the economic growth will revive.

Some of the proposals in the finance bill are good but some of them need attention. The good thing is that the proposed changes in the tax policy are likely to benefit the agriculture sector, exports, and small and medium enterprises (SMEs) to some extent. A bit problematic issue though is that to implement good tax policies you need to reform the tax administration first. There are no tax reforms, particularly reforms in the FBR, in this mini-budget. I hope the PTI government introduces reforms in the tax administration when it presents its first full year budget in June.

There might be a shortfall of around PKR 7 billion [in tax collection] in the short term due to tax exemptions given to SMEs, agriculture sector and due to release of funds to exporters. But the government assumes that the private sector will flourish due to tax exemptions and the resultant growth will lead to an increase in overall tax revenue. So they have adopted a long-term approach and whether it is successful or not remains to be seen.


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The opinions expressed in this article are the author's own and do not necessarily reflect the viewpoint or stance of SDPI.