PIDE & SPRC joint Conference on Social Policy Orientation of Budget 2021-22

Description

Social protection in times of crisis plays a vital role in combating the shocks which further aids the vulnerable and marginalized groups to overcome the severe loss they experience. In this recent pandemic, it was thought to be a need of hour to develop policies relating to social protection for the economically unprotected people as the previous policies and choices were not enough to curb the effects in times of crisis. Social Protection Resource Centre (SPRC) and Pakistan Institute of Development Economics (PIDE) jointly organized “One Day Conference on Social Policy Orientation of Budget 2021-22” on June 24, 2021. SPRC launched its report titled ‘One Year of Covid-19 Pandemic, Socio-Economic Vulnerabilities and Social Protection’. The report was based on PBS National survey data to see the impacts of Covid-19 and household coping mechanisms. Renowned national and international speakers highlighted the importance of social policy inclusion in budget.
Report also highlights important key points which give deep insights about the impact of Covid-19 on the economy of Pakistan at both micro and macro level, mitigation strategies adopted by households and their impacts during pandemic. It also covers the social protection policies and programs adopted by government. SPRC give comprehensive descriptive and graphical analysis in the report by using PBS survey on “Impacts of Covid-19 on Wellbeing of People”. Report underlines the aggravated challenges faced by people such as food insecurity and reduced health care services during lockdown. Session focuses on the importance of social protection schemes in the budget making and its impact in long term on the general public.