Sustainable Development Goals through Human Resources Management: Managing Pakistan's Land Revenue Resources with Challenges and Opportunities

Abstract

The paper has been developed in background of proposed sustainable development conference held in mid of July 2015 at Idris Ababa (Africa) with cooperation of the international community. The theme of conference was "Finance for Development” and   focused to mobilize available resources and to invest in agriculture, energy, communication, health environment and human resource development.

The best possible use of available resources particularly tax resources for investments and further development is need of the hour. There is different potential of economies but it is concluded by the experts that in developing countries like Pakistan tax revenue can be increased from 2 to 5 percent of GDP so that we must work together with international community to generate the resources needed for the transformative vision of the proposed sustainable development Goals.

Pakistan like other emerging economies are facing unsustainable fiscal deficits due to increasing non development expenditure every year, difficulties in payment  debt service charges due to leakages in revenue collection, and declining conditional external assistance of developed countries due to mismanagement in available resources. The main objectives of the study are to review the current strategies of resources mobilization through introducing best tax policies that should be fair, equitable and create minimal disincentives for economic efficiency, and initiate tax administrative reforms. This study fulfills the need of a separate study on land revenue system of Pakistan and is net addition in economics literature at national / international level. The study also suggests dynamic policy insights to increase in national pool of resources. The improvement in prevailing revenue system and increasing revenue receipts will be helpful in economic growth and development.