Islamabad, June 20; Youth Parliament Pakistan started
its 3rd session which was based on Budgetary and Economic
Reforms in Pakistan. On its 1st day of the 3rd session,
Youth Minister for Finance, Planning Affairs and
Economics, Ahmed Numair
Farooq (YP21-PUNJAB01) moved a legislative motion to
discuss the possible recommendations for the Youth Finance
Policy 2012. A number of recommendations were given by the
members for the removal of budget deficit, increase in tax
revenues, eradication of tax evasion, debt servicing,
eradication of economic disparity and economic initiatives
to be taken for solving energy crisis.
Osama Mehmood
(YP42-PUNJAB22),
Muhammad Attique (YP11-ICT01),
Aamir Khan Khichi
(YP30-PUNJAB10 and
Najeeb Abid Baloch (YP05-BALOCHISTAN03) moved a
legislative motion asking the Government of Pakistan to
devise mechanism for improvements in order to achieve a
sustainable economic growth. Some of the members of
suggested that incentives should be given to the regular
tax payers so that more and more people are motivated to
pay taxes.
Members of the Green Party were of
the opinion that Land Record should be taxed effectively
for improving revenue generation.
Haseeb Ahssan
(YP51-SINDH03) and
Jamal Naseer Jamaee (YP50-SINDH02) moved a legislative
resolution urging the Government of Pakistan to address
the deteriorating state of affairs of national
organization like Pakistan International Airlines (PIA)
and Pakistan Railways (PR) by identifying the culprits and
punishing them. The lack of political will and prevalent
corrupt practices were identified as the core reasons
behind the current situation of these institutions. Change
of leadership, privatization and utilization of railway
property were discussed as the proposed solution.
Dr. Nadeem ul Haque, Deputy Chairman, Planning
Commission of Pakistan discussed the economic
challenges which are being faced by Pakistan at the
moment. He gave a detailed analysis of the poor growth
rate. In the end, he said that the Youth of Pakistan
should come at the front and start taking initiative to
solve the current crises faced by Pakistan. |