Asset 1

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.

The Express Tribune Lahore Edition

Published Date: Nov 29, 2016

Experts stress role of SBP in finding rupee’s fair value

KARACHI: Experts have called for a proactive role of the State Bank of Pakistan (SBP) to find a fair value of the rupee against a basket of some of the world’s major currencies so that exports may go up.
“In the short run, the SBP has a major role to play in the alignment of exchange rate and making it favourable for exports,” said Dr Sajid Amin Javed, Head Policy Solutions Lab at the Sustainable Development Policy Institute (SDPI).
Monetary matters: SBP keeps policy rate unchanged at 5.75%
Speaking at a roundtable discussion on the “Exchange rate competitiveness and economic performance: A Pakistan perspective”, he said the SBP needed to develop a tool to monitor and assess the deviation of rupee from its fair value so that ambiguities could be avoided.
In the medium term, the country needed to create a favourable business environment and in the long term, it should focus on increasing the labour productivity, a statement quoted him as saying.
Nadeem Ahmed of the Social Policy and Development Centre said Pakistan needed to explore African markets to increase its exports, as Africa was a growing emerging economy.
Moreover, the country is in need of skilled labour and innovations for the much-needed surge in productivity and exports.
He underlined the importance of structural reforms to align the export and import policies according to future demand. “For an oil-dependent country such as Pakistan, a prudent exchange rate policy is a must,” he remarked.
Replying to a question, Ahmed said the exchange rate misalignment was a political issue. Sajid Amin of the SDPI said after every election the rupee had been devalued to maintain the credibility of the government.
Safia Minhaj, Assistant Professor of Karachi University, said the undocumented economy was one of the major issues behind the unfair value of Pakistani rupee.
SBP keeps benchmark interest rate unchanged
“We also have to keep a close check on the undocumented economy. Pakistan has 50-250% informal flow of remittances which may affect the current rupee-dollar parity, appreciating the rupee above its equilibrium value,” he said.
Ammad Ali, a representative of the Applied Economic Research Centre (AERC), said, “we have to follow the countries which make gains from trade through devaluing their currencies.”
He added the exchange rate competitiveness was a major determinant of the tradable sector performance and fall in the value of currencies of trading partners had resulted in rupee’s appreciation. “The SBP needs to tackle the imbalance.”
Aadil Nakhoda, Assistant Professor at IBA, linked the low export performance of Pakistan with the restricted trade policy. He stressed that the government needed to use the free trade policy rather than intervention in the market and fixing the exchange rate.
He said the country had to use the option of non-tariff measures instead of tariff measures which further restricted the exports.