IFAC president briefed on country’s economic outlook

21 Mar, 2023

ISLAMABAD: Asmaa Resmouki, president of the International Federation of Accountants (IFAC), called on Federal Minister for Finance and Revenue Senator Ishaq Dar on Monday, said a press release.

SAPM on Finance Tariq Bajwa, SAPM/chairman RRMC Ashfaq Yousuf Tola, and senior officers from Finance Division attended the meeting.

Finance Minister Dar welcomed Ms Resmouki and extended felicitations to her on becoming the first Muslim lady president of IFAC.

Highlighting the role of accountants in the economic development of a country, the finance minister stressed on high quality corporate reporting based on international standards which is key to mobilizing financial resources and helping in reducing corruption and mismanagement.

Finance Minister Ishaq Dar also highlighted the economic and financial outlook of the country and expressed resolve of the government to overcome the economic challenges and steering the economy towards growth.

Asmaa Resmouki highlighted the role of IFAC as global voice for the accountancy profession and said that IFAC serves the public interest through advocacy, development and support for member organizations. She also discussed the economic challenges globally and in this context appreciated the economic policies and programmes initiated by the government in Pakistan for achieving sustainable economic development.

Asmaa Resouki became IFAC President in Nov, 2022. Prior to becoming President, she was appointed Deputy President IFAC in Nov 2020 after serving the IFAC board since November 2017.

Copyright Business Recorder, 2023

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