Human Security in Pakistan There is a need once again to emphasize that from the viewpoint of national security and strengthening of the Federation, faster development of Balochistan must be accorded the highest priority. 15.9 Governance and Democracy The list of comprehensive reforms in governance and functioning of democracy is given below: ‘Good’ Economic Governance • Enhanced and more effective role of the Constitutional Forum, the National Economic Council(NEC), with the Planning Commission as the Secretariat. • More active role of the Constitutional forum, the Council of Common Interests(CCI), on matters related to Federal Legislative List-II. •‘Top-down’ planning should be replaced with‘bottom-up’ planning, which is more in line with the Federal structure of Pakistan. • Improvements in the Economic Information System with regular preparation and dissemination of estimates of quarterly GDP series and Provincial Income Accounts. Voice, Transparency and Accountability • Establishment of an Information Commission as per the provisions of the Right of Information Act of 2010 so as to facilitate greater public access, especially to Government financial transactions. • The National Accountability Bureau must be required to submit an Annual Report to the Parliament. • The MOF website must place the latest financial report of each SOE. The FBR must release an annual report on the latest position of tax expenditures, that is, the revenue losses due to tax exemptions, concessions and reliefs. Strengthening Regulatory Agencies • The Competition Commission may be endowed with the legal powers of a Consumer Court of the type in India. • The SBP may revert to the practice of preparation of an Annual Credit Plan with sectoral targets. • NEPRA must play a stronger role in regulating the power sector by ensuring the merit order of plants, timely adjustment of power tariffs, and focus on system losses to limit the growth in circular debt. 128