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 bankâs Governor Dr Reza Baqir said on Monday.
âEfforts need to be made to grow Pakistanâs 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,â 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.
Diversity in exports to achieve higher growth in coming years: SBP Governor Baqir
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Diversity in exports to achieve higher growth in coming years: SBP Governor Baqir
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ICAN University underway President
A
s part of its contribu tions to capacity building in the country the Institute of Chartered Accountants of Nigeria, ICAN, has reached an advanced stage in securing the National Universities Commission’s (NUC) licence for the establishment of the ICAN University.
Revealing this recently Speaking at the 67th induction ceremony for new members in Lagos, President of ICAN, Mrs. Onome Adewuyi, said “the university would start with postgraduate courses in the Social and Management Sciences such as Accounting, Economics, Business Administration, Finance and so on.
Admonishing the newly inducted members, she added, “We expect that the inductees of today would continue to aspire for both professional and academic relevance in the market and I encourage you to take advantage of this window of opportunity by ICAN to add to your academic qualifications by enrolling for postgraduate courses at the proposed university in a