KARACHI: Finance Minister Muhammad Aurangzeb on Friday met a delegation of Association of Chartered Certified Accountants (ACCA) and assured that his country was fostering a robust financial management framework aligned with global best practices amid its efforts for economic recovery.
The ACCA delegation, led by its global president Ayla Majid, briefed the minister about its collaborations with policymakers and government agencies, including the Finance Division, the Auditor General’s Office, and the Securities and Exchange Commission of Pakistan (SECP).
The delegation elaborated on ACCA’s specialized training, certifications and capacity-building programs, particularly in areas such as innovation, technology, public financial management, and financial governance, according to the Press Information Department (PID) of the Pakistani government.
During the meeting, Aurangzeb emphasized the need for outcome-based training and certification programs to ensure accountability and ownership in capacity-building initiatives in the South Asian country.
“He encouraged the organization to engage with other ministries and departments for broader training and development programs,” the PID said in a statement.
“The finance minister also underscored the importance of focusing on climate finance, particularly in terms of its utilization and measurable outcomes, to ensure sustainable economic growth.”
The development comes as Pakistan treads a tricky path to economic recovery under a $7 billion International Monetary Fund (IMF) loan program it secured in September last year.
Since averting an imminent default on its external debt in 2023, Pakistan is now keeping its current account in check primarily through containing imports. The country’s exports rose 10 percent to $19.6 billion in the last seven months till January, while it is keeping tabs on imports that increased by 7 percent to $33 billion, according to Pakistan Bureau of Statistics.
“Both sides reaffirmed their commitment to strengthening cooperation in financial governance and professional development, with a shared vision of enhancing Pakistan’s economic resilience and institutional capacity,” the PID added.
Pakistan commits to best financial management practices amid efforts to revive economy
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Pakistan commits to best financial management practices amid efforts to revive economy
- Pakistan is navigating an economic recovery path under a $7 billion IMF loan program it secured in September last year
- The country is keeping its current account in check primarily through containing imports since averting a default in 2023
Pakistan invites investors, innovators to back tech partnerships, announces national AI event
- Indus AI Week 2026 to run Feb. 9–15 as IT minister cites inclusive AI policy launched last year
- The week-long event will bring together relevant officials, startups, investors and universities
ISLAMABAD: Pakistan on Friday invited foreign investors and technology innovators to engage with its emerging artificial intelligence ecosystem as the government announced a week-long national AI initiative aimed at accelerating adoption across the public and private sectors.
Federal Minister for Information Technology Shaza Fatima Khawaja said the government would host Indus AI Week 2026 from Feb. 9 to 15, building on Pakistan’s National Artificial Intelligence Policy introduced last year to promote responsible use of the technology.
The announcement comes as Pakistan seeks to position itself as a credible participant in the global AI economy, amid growing interest from governments in the Global South to harness AI for productivity, skills development and innovation while managing regulatory and ethical risks.
“With the introduction of Pakistan’s National AI Policy last year, we laid the foundation for responsible and inclusive AI development,” Khawaja said, according to an official statement circulated by her ministry. “Indus AI Week reflects our determination to take that work further by moving beyond dialogue and toward adoption.”
“We invite international partners, investors and innovators to engage with Pakistan’s growing AI landscape,” she added.
The initiative will be organized by the IT ministry through a public-private partnership and is designed as an open national platform bringing together policymakers, technology firms, startups, universities, students and the wider public.
The program will include a national technology showcase, startup and innovation sessions linking founders with investors, skills training and certification opportunities and public engagement activities aimed at translating AI policy into practical use cases.
The week will open with the Indus AI Summit at Islamabad’s Jinnah Convention Center on Feb. 9, followed by an innovation and learning arena at the Islamabad Sports Complex on Feb. 9-10, with universities, companies and public institutions across the country hosting parallel events through Feb. 15.
