SUBAI-PIPS Pre-Budget Seminars:
The Pakistan Institute for Parliamentary Services (PIPS) as part of its regular and ongoing services to the Assemblies agreed to collaborate with SUBAI- to organize joint Pre-Budget briefing seminars in all four Provincial capitals. Honourable Members of all four Provincial Assemblies participated in the events.
The purpose of the events was to provide the Honourable Members with a better understanding of the budgeting processes, to emphasize the key issues regarding budget activity and to identify the key characteristics of budgeting and public finance management.
The event hosted discussion sessions with the country’s leading experts from academia, civil society and government. The experts delved deeper into themes including budgeting, finance, economic growth, gender-sensitive budgeting and revenue generation.
The Pre-Budget seminar for the Provincial Assembly of Balochistan was held on May 15th, 2017 in Quetta. The PIPS Director of Research and IT, Mr. Muhammad Rashid Mafzool Zaka inaugurated and welcomed the Honourable Members of the Assembly to the event. He thanked the Guest of Honor, Former Chief Minister Dr. Abdul Malik Baloch, who was also the Chair of the event.
The keynote speakers at the event comprised of distinguished economists and experts: Dr. Waseem Shahid Malik from the University of Balochistan, Dr. Kaiser Bengali, Adviser to the Balochistan Government, Mr. Ishaq Jamali, Joint Secretary Revenue Authority, Mr. Zafarul Hasan from Ministry of Finance’s SDGs desk and Ms. Ayesha Wadood representing SUBAI.
Discussions were focused on the issues related to Pakistan’s economy and various economic indicators as well as the specifics of Balochistan’s economic conditions; challenges and opportunities regarding the National Finance Commission (NFC); expenditures allocation for socio economic development; creation of more opportunities for the youth in Balochistan through China-Pakistan Economic Corridor (CPEC) and related economic growth initiatives.
The event was attended by 23 participants including seven Honourable Members of the Provincial Assembly. The participants also acknowledged the efforts of SUBAI for arranging an informative seminar.