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Supplements: Public Finance Management Conference - PIPFA - CIPFA - DAGP


It gives me immense pleasure that PIPFA and CIPFA have joined hands by singing an MOU to create an environment for growth through sound public financial management in Pakistan. On this eve, I wish all the success to PIPFA and CIPFA. I sincerely hope that this partnership will go a long way in improving the qualification of cadres of auditors and accountants serving in the Public Sector of Pakistan.

The signing of MoU between Pakistan Institute of Public Finance Accountants (PIPFA) and Chartered Institute of Public Finance Accountancy (CIPFA) of United Kingdom is a new milestone in the history of accountancy in Pakistan and this initiative is expected to bring Public Finance Management Reforms in Pakistan and enhance the capacity of our National Institutions engaged in Public Finance Management (PFM).
Strong governance and public financial management needs to sit at the heart of any government looking to develop long-term financial sustainability for public services.
There is an increasing focus on improving the quality of Public Financial Management (PFM) around the globe, with many countries in both the developed and developing world making important and impressive achievements in strengthening PFM and governance.
I am delighted to know that Pakistan Institute of Public Finance Accountants (PIPFA) is organising a Public Finance Management Conference. It is a good initiative to deliberate on public financial management issues thus increasing its awareness among the public and to start fruitful deliberations among the professionals on various facets of this critical area of knowledge.
PIPFA is a body incorporated as a Non-profit Association under Section 42 of the Companies Ordinance, 1984. PIPFA is the premium national body for imparting professional accountancy education to the Public Sector of Pakistan besides a gateway professional accountancy education to the corporate sector.


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Banking Review 2014

Foreign Debt $62.649bn
Per Cap Income $1,512
GDP Growth 4.24%
Average CPI 8.6%
Trade Balance $-1.988 bln
Exports $1.835 bln
Imports $3.823 bln
WeeklyOctober 08, 2015
Reserves $20.05 bln