Government of Sindh and IBA sign Services Agreement at Inauguration of the Center for Business and Economic Research
The Government of Sindh and IBA signed a Services Agreement with Institute of Business Administration, Karachi. The signing ceremony was preceded by the inauguration of the Center for Business and Economic Research (CBER) by Minister for Finance, Energy, Planning & Development and Irrigation Syed Murad Ali Shah. CBER, housed on the 7th floor of the newly constructed AMAN Tower at IBA, Karachi, is dedicated to stimulate research by faculty, students and staff at IBA. CBER has taken many initiatives since its inception including the establishment of a research grant, inauguration of the IBA Working Paper Series, initiation of seminar sessions (regular dissertation presentations by students and faculty), conferences, and collaborations with education and Government Institutions.
The Agreement was signed by the Secretary Finance Mr. Sohail Rajput for the Government of Sindh and Dr. Ishrat Husain for IBA, Karachi. The GoS is keen to enhance performance efficiency of the provincial tax administration in Sindh and aims to achieve capacity building through regular training opportunities for the public sector officers as a part of the Project Appraisal Development (PAD) by the World Bank for the proposed IDA Loan of US$ 50 million (USD Fifty Million) to be given to the GoS for Sindh Public Sector Management Reform Project (SPSMRP).
In order to meet the training needs of the tax officials, the Institute of Business Administration will offer its services to the Board of Revenue Sindh, Excise and Taxation Department and the Sindh Revenue Board to help revitalize its SPSMRP program by providing research and capacity building support in the areas identified by GoS.
The main objective of the agreement is to foster bilateral cooperation between the Parties in the area of research and analyses of different tax issues relating to overall provincial tax policy framework, and allow IBA and GoS to plan collaborative research, educational, and training activities of mutual interest in relation to SPSMRP.
To commemorate the occasion, Dr. Qazi Masood Ahmed (Director, CBER), Ms. Sidrat Asim (Manager, CBER), Syed Hasan Naqvi (Special Finance Secretary, Government of Sindh), Syed Shahnawaz Nadir Shah (Chief Investment Specialist, Finance Department, Government of Sindh), Muhammad Danish (Director, Public-Private Partnership Unit, Finance Department, Government of Sindh) and CBER Research fellows were present.