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Diversity in exports to achieve higher growth in coming years: SBP Governor Baqir

Business May 25, 2021 KARACHI: Pakistan can achieve higher gross domestic growth in the coming fiscal years if it focuses on diversifying exports and increasing investments, central bank’s Governor Dr Reza Baqir said on Monday. “Efforts need to be made to grow Pakistan’s GDP in the next 5 years and we have all the capabilities to achieve this target. We have been able to increase our gross and net reserves. We need to diversify our export base as other nations have done,” Baqir said at the virtual CFO Conference 2021, organised by ICAP. He said that the challenges for the developing countries in the new normal were unprecedented, causing economic, social and sustainable development concerns. The pandemic has pressed the reboot button of economies globally with long lasting impacts including lower investment, erosion of human capital to lower productivity, limited income growth and structural transformation in countries across the world, he added.

Virtual University to facilitate ICAP for Chartered Accountancy Examination

Virtual University to facilitate ICAP for Chartered Accountancy Examination March 17, 2021 ISLAMABAD, Pakistan: The Virtual University of Pakistan (VUP) and the Institute of Chartered Accountancy of Pakistan (ICAP) signed a Memorandum of Understanding (MoU) at the Ministry of IT & Telecom in Islamabad on Wednesday. The Chief Guest of the Ceremony was the Federal Secretary at the Ministry for Information Technology and Telecommunications (MoITT) Shoaib Ahmad Siddiqui. The Controller Examination VU Dr. Faisal Tehseen Shah and the Secretary ICAP Syed Masood Akhtar signed the MoU. At the MoU signing ceremony, the Federal Minister for IT and Telecommunication Syed Amin Ul Haque sent his congratulation message to Rector Virtual University on achieving yet another milestone.

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