The Department of Economics at Lahore College for Women University (LCWU) organized a post-Budget 2023-24 Debate, bringing together experts and stakeholders from various sectors. The event aimed to discuss and analyze the implications of the recently announced budget, with a focus on economic development and stability.
The discussions highlighted the pressing need to support overseas Pakistanis, curb wheat smuggling to reduce the food import bill, encourage agricultural & industrial growth, and provide amnesty to investors. These suggestions are expected to contribute significantly to the formulation of effective economic policies and strategies for the future.
In her address, Vice Chancellor Professor Dr. Bushra Mirza emphasized the importance of broadening the tax net and leveraging the country’s natural resources for economic independence. She also highlighted the potential of tourism in promoting economic stability. Dr. Mirza added that the Economic Coordination Committee would prove to be an effective forum for resolving outstanding economic issues in Pakistan. Shahid Zia Cheema, Chief of the Growth and Employment Planning Commission, stated that 58 percent of the budget goes to provinces, indicating that the federal government has fewer resources.
