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LAHORE: Effective oversight of public resources is a guarantee of a strong democracy while a proper understanding of budget documents is essential for informed and effective legislation.

Speaker Punjab Assembly Malik Muhammad Ahmad Khan expressed these views while addressing, as chief guest, a two-day ‘budget literacy workshop’ organized for members of the Punjab Assembly to promote effective legislation on the budget, sound financial management, and effective oversight of public resources.

A large number of honorable members of the Punjab Assembly participated in the workshop. The Speaker stated that the protection of public interest can be ensured through constructive debate, transparent accountability, and effective parliamentary oversight. He observed that enhancing the capacity of elected representatives is the need of the hour and that effective parliamentary oversight during the budget-making process promotes transparent governance.

During the workshop, renowned economist Dr. Hafiz A. Pasha delivered a detailed briefing on the current economic situation in Punjab. He stressed the importance of safeguarding investment in the education, health, and development sectors.

Furthermore, former Provincial Irrigation Minister Mohsin Laghari conducted a special session on understanding budget documents in a simple and practical manner.

The objective of the workshop was to enhance the capacity of members of the assembly in financial oversight, budget analysis, and effective legislation, enabling them to play an active role in ensuring the transparent, efficient, and responsible use of public resources. The workshop was organized in collaboration with UNICEF and the United Nations Population Fund (UNFPA).

Copyright Business Recorder, 2026

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