Capital Market, Fixed Income: USAID trains 70 officials of KP finance department

USAID's Financial Market Development Activity, along with the Government of Khyber Pakhtunkhwa's Financial Commission (FC), celebrated the completion of a three-day course on 'Capital Market and Fixed Income Investment' for senior officials of the KP finance department.
The training builds capacities of financial market professionals to understand emerging trends and increase their skills in the areas of marketing, trade and the investment of fixed income products (such as bonds) and focuses on the ability of practitioners to assess the risks related to credit products and the techniques for managing such risks, said a press statement issued here.
Shakeel Qadir Khan, Secretary Finance expressed his appreciation of USAID, the trainers, and debt capital market experts, "This workshop is important to us as it is creating critical knowledge base and skill set among public sector employees on the subject matter."
Additional Secretary Finance Safeer Ahmad noted, "The formation of KP Debt Management Unit is in the offing, and this training has sensitized us on all those essential matters, which are to be taken care of by the managers of the unit."
Overall 100 delegates from the KP Finance Department were present at the ceremony, 70 training participants including six females, received certificates. The course was the third and final in a series of courses taught by Capital and debt market experts as part of the USAID Activity, which has conducted 45 certification training sessions across Pakistan for 3,500 industry professionals and senior finance students, in the last two years.
Participants felt the training was useful in developing their analytical skills. "It will build upon the skills I have developed during my service in the finance department. It will not only help me in identifying the gaps and issues but also enable us to develop a solution oriented approach toward complex financial situations," said Reena Shaheed Soherwordi, Section Officer Reforms from the Finance Department.
USAID's Financial Market Development Activity is a multi-year project to assist and promote the development of competitive and diversified debt capital markets in Pakistan.