Zeeshan Ejaz Clip 006

Economic Advisory Committee Recommendations and Implementation

Overview of Recommendations

• The speaker discusses their involvement with the Economic Advisory Committee, emphasizing the importance of not just making recommendations but also ensuring their implementation.

• A specific example is provided regarding tax collection provisions that were submitted as part of a comprehensive document to align economic impacts.

Challenges in Implementation

• The speaker notes that while some proposals were made, many did not materialize due to political systems and vested interests hindering progress.

• They advocate for self-assessment in taxation, suggesting it could simplify taxpayers' lives and potentially increase tax revenue with less effort.

Current Economic Situation

• Reflecting on the past three years, the speaker describes the economic situation as disastrous from a reserves perspective, indicating unexpected challenges faced by policymakers.

• They highlight a shift towards better control over economic conditions and stress the need for long-term planning moving forward.