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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.

Amin Ahmed

Dawn

Published Date: May 15, 2015

Pakistan’s economy to grow 5.1pc in 2015: ESCAP

ISLAMABAD: The United Nations latest report on the economic outlook for Asia and the Pacific has feared that Pakistan’s economy will still be constrained by macroeconomic imbalances despite expected economic growth in the coming years.

The ‘Economic and Social Survey of the Asia and the Pacific 2015’ launched on Thursday, pointed out that persistently high fiscal deficit, financed by borrowings from the banking system including the central bank, has crowded out private investment and added to inflationary pressure.

Similarly, supply side constraints — such as poor domestic security conditions, unfriendly investment climate and severe power shortages — remain in place.

Sustained economic growth is needed to help generate more jobs and cut poverty, which remained at 13.6 per cent in 2011, the report said.

Despite some progress, a narrow tax base, widespread tax evasion and required restructuring of loss-making state-owned enterprises will continue to limit revenue collection.

At the same time, improving fiscal conditions through expenditure cuts may be difficult due to the rigid structure of government spending, the report said, citing example that debt servicing and military spending account for more than half of total budgeted expenditure.

Nevertheless, the ESCAP survey noted that the country’s economy expanded by 4.1pc, a slight pick-up from the average growth rate of 3.7pc in the preceding three years. Growth is expected to rise to 5.1pc in 2015, it said.

Declining inflation, relatively better growth in private sector credit and robust workers’ remittances helped propel consumer spending.

Speaking at the launching ceremony, Economist Dr Ashfaq Hasan Khan said that Pakistan was facing double challenge — the first reviving the growth and second making the growth inclusive.

Pakistan has been implementing an IMF-supported programme since 2008 with focus on ‘stabilising’ first and ‘growth’ later.

“Such a prolonged period of stabilisation has suffocated the economy,” he said regretting that “too much fixation on reducing budget deficit austerity appears to have weakened domestic demand which has now weakened supply side, slowing down in production.”

Dr Ashfaq suggested that Pakistan needs to get out from ‘survival’ to ‘recovery’ mode, and macroeconomic policies should not focus narrowly on reducing budget deficit.

Policies should be supportive of growth and employment generation. At the same time, the developmental role of monetary and fiscal policy will need to be strengthened, he said.

He further suggested that the government should not use monetary policy just as a mean for controlling inflation. Instead, the use of this powerful instrument should be to influence both price and volume of credit to achieve its developmental objectives, he added.

The survey also pointed out that the growth potential of Asia-Pacific developing economies was being held back by infrastructure shortages and the excessive commodity dependence of some countries.

The fragile global economic recovery and consequently subdued global trade, pose additional challenges, it warned.

Source: http://www.dawn.com/news/1182005/pakistans-economy-to-grow-51pc-in-2015-escap