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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.

One Pakistan

Published Date: May 1, 2012

FISCAL DEFICIT, INFLATION, ENERGY CRISIS, DEBT SERVING KEY CHALLENGES IN BUDGET 2012-12, IDENTIFY SPEAKERS

Speakers at a pre-budget seminar identified fiscal deficit, increasing inflation, energy crisis and debt servicing as the key challenges in forthcoming budget 2012-13.
Discussing at ‘pre-budget seminar 2012-13′ organized by Sustainable Development Policy Institute (SDPI) here on Monday, they also suggested government to increase revenues by widening of tax base, applying minimum tax regime, reduce corporate tax rate, taxation on remittances, targeted subsidies, ensuring energy sustainability, macroeconomic reforms, reduction in circular debt and ensuring budgetary safeguards for industry after opening up of trade with India. Tahir Dhindsa, Head SDTV and Editor of Economic Bulletin at SDPI moderated the proceedings and maintained that government has failed on many agreed macroeconomic benchmarks committed in budget 2011-12 to international financial institutions.
Chairing the session, Dr. Abid Qaiyum Suleri, Executive Director, SDPI spoke on issues related to energy and circular debt. He said, coming budget must cater the long term and short term energy needs as current energy mix in Pakistan is not sustainable which relies mostly on oil consumption. ‘Costly energy increases the cost of production which subsequently makes it hard to compete with regional economies based on cheaper fuels like coal,’ he added.
Sakib Sherani, Former Principle Economic Advisor, Ministry of Finance said, government does not have the fiscal space available  for coming budget after the sharp compression of resources after NFC. He said, center has left with only 30-35 percents of divisible pool that also has to cater debt servicing, defence, federal PSDP and many other expenses. Talking of flaws in NFC he said, onus must be placed on provinces arguing that, center can only service NFC if provinces increase revenues and implement integrated Value Added Tax (VAT).  He was of the view that  forthcoming budget has become irrelevant in absence of obligation for reforms by international financial institutions, overestimation of revenues and underestimation of expenditures in budget 2011-12 and failure to implement agreed macroeconomic reforms.
Dr Vaqar Ahmed, Research Fellow/Head, Economic Growth Unit, SDPI demanded to reconfigure budget from fiscal to human capital declaring that, ‘budget making process has become mere an accounting exercise for government officials instead of a planning framework for socio economic development in the country. He said Pakistan has no debt sustainability strategy and over 30 % of current account expenditure is spent on interest payment.
He gave a brief overview of subsidies and said, time has come to move toward targeted subsidies that benefit poor adding that only 5 percent of subsidies are actually targeted at poor. He also proposed various recommendations for forthcoming budget such as practising minimum tax regime, reduction in corporate tax, budgetary safeguards for industry after opening up of trade with India, reforms in water and energy sector and taxation on remittances.
Mian Ramzan from Islamabad Chamber of Commerce and Industry (ICCI) stressed the need for consistency in economic policies and putting focus on promoting entrepreneurship in coming budget.  He talked of undue burden on existing tax payers and urged to increase tax base by giving incentives to people.