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.

APP

APP

Published Date: Apr 3, 2019

Govt prepares draft mid-term economic framework: Asad Umar

ISLAMABAD, Apr 2 (APP):Federal Finance Minister Asad Umar on Tuesday said with a purpose to lead the country’s economy towards sustainable growth, the government had drafted a medium-term economic framework, which would be shared with the parliamentary finance committees, political parties and other stakeholders for feedback and suggestions, Speaking at Pre-Budget Consultations and Book Launch titled “Growth and Inequality in Pakistan”, the minister said the previous government had been talking about the Charter of Economy but never took up the issue in the parliament.
The minister said he had personally suggested the committees to utilize their forums for developing a medium-term economic framework. Even if consensus could not be developed on the framework, still the government might get productive feedback and suggestions, he added.
He said the committees responded positively and he was assigned a duty of drafting the framework, which he did and would share the same with the committees, political parties and media within a couple of days.
Talking about the policymaking processes, the minister said economic decisions should be based on sound economic theory, more importantly on empirical research and not on self-interests.
He said the main issue being faced by the national economy was ‘elite capture’, which influenced economic decisions, expressing the hope that Pakistan would now tread on a different path and mitigate the ‘elite capture’.
Talking about budgetary recommendations, he said the proposals proposed by Hafiz A Pasha in the book were already included in the government’s agenda.
He said withholding taxes should be eliminated. The government was working towards that direction as most of the 41 such taxes listed in book would be eliminated.
He said the Capital Gains Tax (CGT) should also be implemented on property and also favoured inheritance tax as proposed in the book.
Even after paying all the taxes, if an individual had residual wealth over certain limit, he should pay its taxes as a social obligation.
The minister stressed the need to raise the issue of capital secrecy at global level, saying if a labourer had to go through every procedure to find a job in the international market then why same principles were not applied on capital flows.
Talking about the economic growth during the tenure of past government, Asad Umar said the average growth of 4.5 percent as claimed by the previous government was a jugglery of figures.
He said Pakistan needed growth momentum and could not afford to be caught in low growth trap.
He said when the incumbent government took over the central reserves were around $1 billion and per month current account deficit was $2 billion, and slow downing of growth was necessitated to save the economy from bankruptcy.
He viewed that political confrontation was not good for economy as it was having negative effects. He, however, added that proceedings against elements involved in crimes was not economic confrontation but upholding the rule of law, to promote a transparent image of Pakistan.
Source: http://www.app.com.pk/govt-prepares-draft-mid-term-economic-framework-asad-umar/