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ICAB hosting SAFA int’l confce to accelerate economic progress


Published : 13 Oct 2022 09:04 PM

The Russia-Ukraine war, the dollar crisis, the fuel oil crisis, and commodity transportation disruptions have changed the dynamics of the global economy before the Covid-19 hit on the economy is over. 

Due to rising inflation and rising prices of daily necessities, the pace of development has to be curbed to some extent. There are many challenges to become a developed country by 2041. There is no alternative to regional cooperation and inter-connection between countries to overcome these challenges. 

In this context, the Institute of chartered accountants of Bangladesh (ICAB) is going to organize "SAFA International Conference 2022" in Dhaka with the organizations representing accounting and auditing profession in South Asian countries. 30 foreign representatives from SAARC countries including India, Sri Lanka, Nepal will participate in it. This regional conference is of special importance in the South Asian context.

In a press conference organized on this occasion on Thursday, ICAB President Shahadat Hossain FCA said that prosperity as well as economic cooperation and stability are needed in the South Asian region to deal with the ongoing economic crisis. In this scenario, professional accountants will undoubtedly play one of the roles as in the past, he feels.  

Among others Chairman SAFA International Conference Parveen Mahmud FCA and ICAB CEO Shubhashish Bose spoke on the occasion. ICAB council member Sabbir Ahmed FCA and Gopal Chandra Ghosh FCA answered various questions of the journalists in the conference.

ICAB President said, the government is working to strengthen regional cooperation and enhance regional trade and connectivity for sustainable growth. The Padma multi-way bridge is a great example of multi-modal connectivity that will open up new opportunities for regional trade in the country.

The theme of this year's SAFA International Conference has been selected as “Regional Connectivity for Sustainable Growth”. On October 15, 2022, the conference will be inaugurated at Sonargaon in the capital on Saturday. 

Commerce Minister Tipu Munshi, MP will announce the inauguration of the conference from his presence as the Chief Guest in the inaugural session. The State Minister of Planning Dr. Shamsul Alam will be present as a special guest. Former Governor of Bangladesh Bank Dr. Atiur Rahman will present the keynote on the conference theme of the opening session.

Representatives from India, Pakistan, Sri Lankan CA Institute and Cost Institute will participate as panelists in the two sessions.

Prime Minister's Private Industry and Investment Adviser Salman F Rahman MP will be present as the chief guest in the valedictory session of the conference.