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.

Published Date: Jul 22, 2013

SDPI Press Release (July 22, 2013)

Going for IMF monitory support is not a bad move if it leads to fiscal
reforms, increased tax collection and documentation of economy , said speakers
while discussing at a seminar here on Monday.

 

However,
experts also demanded government to presents its plan of action to ensure
implementation of reforms, particularly the strengthening of tax machinery, expansion
of tax base, reduction in indirect taxes and reforms in public sector
enterprises.

 

They were
discussing at a seminar organized by Sustainable Development Policy Institute
(SDPI) on  “Pakistan Federal Budget
2013-14 and Role of IMF”.

Speaking
at the occasion, economist and financial expert, Safiya Aftab, said that government
cannot achieve revenue targets, until radical reforms and restructuring is done
in current tax administration.

 

“Current
budget disregards the dismal performance of tax authorities who collected Rs. 2
trillion against the target of Rs. 2.7 trillion last year.  This year budget estimates Rs 3 trillion revenue
collection, but no policy framework has been provided on how to achieve target
of additional 1 trillion rupees from last year. This is precisely why IMF in
recent negotiations, was not convinced that tax administration was amenable to
reform”, she added.

 

Safia Aftab
added that current budget didn’t reflected on any major change in policy
direction from previous budgets.  “The budget
moves to higher tax rate to achieve revenue targets but no move was made to
document economy through VAT. As a result, the bulk of sales tax burden falls
on the end consumer,” she added.  She also
commented widespread tax avoidance in Pakistan and cited figures that only 1.2
million Pakistanis file income tax returns whereas the actual tax payers are
even less than that figure.

 

Analyst
and media personality, Farrukh Pittafi, said that over the years in Pakistan, IMF
program was unnecessarily criticised which ended up in a situation where governments,
especially the political governments were unable to own them. He asked
government, media and civil society to explain true narrative to ordinary
people to brings economic reforms in the country.

 

However, he
also apprehended the role of IMF in past. He said that IMF track record not
only reflects the political decision making linking it to foreign policy, but
it also tends to conveniently overlook its own reform agenda in areas such as
defence spendings or taxing the sectors with powerful lobbies such as agriculture.

 

Dr Abid
Qaiyum Suleri, Executive Director, SDPI said that the new IMF program came with
‘front loading package as Pakistan failed to implement previous commitments with
IMF. “It means that Pakistan has to take fiscal and structural reforms measure before
the start of loan negotiations, and this reflected in current budget, “he added.

 

 “Newly introduced ‘adjustment taxes’ to
document economy, increase in GST to 17 percent, gradual withdrawal of un-targeted
subsidies and reforms in PSE’s and continuation of BISP are major component of
reform agenda,” he went on to add. However, Dr Suleri argued that there must be
a ‘cap’ on indirect taxation and innovative governance as keeping on regressive
taxation would not serve any more. He commented that Pakistanis are most tax
paying society in a way that that even poorest of poor who live on social protection
are paying taxes leveled through indirect taxation.

 

On energy
sector he said that although government has paid substantial amount to end
circular debt but it would further accumulate again unless we give fuel to
energy efficient plants, control distribution losses and change energy mix for electricity
production.  He concluded by urging  all the parties to exhibit political wisdom and
unite on agenda for common economic reforms.

 

Tahir
Dhindsa, Editor SDPI Economic Bulletin moderated the proceedings and maintained
that Pakistan has exceeding becoming dependent on external budgetary support including
foreign aid and loans from international financial institutes such as IMF. He
said that this year’s budgetary exercise was shadowed by IMF, whose mandatory
demands for entering into fresh loan, have been embedded into the budget.

 

He said
that Pakistan needs monitory support and a steady growth of 3 to 5.5 percent over
next few years to avoid a structural default. This demands carrying forward the
structural adjustment process to improve fiscal situation.  He also presented three major reforms to
follow in short and medium term basis
that include un-interrupted supply of electricity to industrial sector,
improve revenue through direct taxation and support to manufacturing and
agriculture sector simultaneously.