PESHAWAR: The Finance Department of Khyber Pakhtunkhwa (KP) and GIZ arranged a seminar on Pre-Budget Citizens Consultations in IMSciences, Peshawar.Shabana Gul, Assistant Professor at IMSciences, moderated the session which was attended by faculty and the students.Representatives from KP’s Finance Department included Usman Khalil, S Alam; Arsalan and Jehanzeb Pervez.Shabana Gul gave a brief introduction about the budget-making process. Dr Muhammad Mohsin Khan, Director IMSciences, formally welcomed the guests and remarked that the pressing issue is that our country has more often than the not experienced budget deficit.He talked about why taxes are so important and how in our society, people are not paying enough taxes, which causes many issues.Dr Waqar, Professor of Economics at the IMSciences, gave a detailed presentation on budget and its components.He made a few suggestions to the Finance Department which could help with budget-related issues.The professor talked about the allocation of budget in different sectors and claimed that the housing sector, albeit a strength of our economy, has been ignored in budgets of the past.He suggested that the Finance Department, KP should have a Vision-Mission Statement for their budget as that will guide them in the right direction.Shabana gave a presentation on the topic of social accountability. She stated that a budget is made to serve the needs of the people.Talking about her past experiences of working with the World Bank, the erstwhile Fata and KP governments, she said strategies and annual budget plans should be aligned with each other.The representatives of the Finance Department gave own presentation, which focused on ‘’Allocation VS Utilization of Budget’’.They said the main purpose of the seminar was to promote awareness and transparency. A Skill Development Fund for the people of KP, which was in the process, came under discussion.Towards the end of the seminar, the students participated in an online survey which carried budget-oriented questions.The representatives of the Finance Department answered all the queries of the students and the faculty as well.The organisers said the seminar proved to be very informative for the students of the institute as it helped them understand the process of budgeting and the thought that goes into developing budgets.
from The News International - Peshawar http://bit.ly/2UTGdCH
Thursday, May 2, 2019
IMSciences hosts KP pre-budget consultation seminar
Related Posts:
Move to develop New Balakot City as tourism zone hailedMANSEHRA: The chairman of Senate’s committee on defence, Lt-Gen (Retd) Abdul Qayyum, has welcomed Prime Minister Imran Khan’s move to develop New Balakot City as a tourism zone but at the same time demanded him to take surviv… Read More
Four accused in murder case remanded in police custodyNOWSHERA: A local court on Sunday handed four accused including senior government officials, who had been nominated in a murder and attempted-murder case, to the police on a three-day physical remand.Among those remanded to p… Read More
Net hydel profit: Sherpao blasts KP govt for failure to secure arrearsPESHAWAR: Qaumi Watan Party (QWP) Chairman Aftab Ahmad Khan Sherpao Sunday criticised the Pakistan Tehreek-e-Insaf (PTI) provincial government for failing to get the arrears of the net hydel profit (NHP) from the federal gove… Read More
JUI-F leader says Azadi March at all costKHAR: Jamiat-Ulema-e-Islam-Fazl (JUI-F) leader Mufti Abdul Shakoor on Sunday said that hundreds of thousands of party workers would attend the “Azadi March” of the party.Speaking at a workers convention here, he said the acti… Read More
16kg heroin seized, one arrestedPESHAWAR: The Excise and Narcotics Control Department during an action foiled a bid to smuggle 16kg heroin and arrested one person from the Motorway. An official said the Excise department staff stopped a car near the Charsad… Read More
0 comments:
Post a Comment