BSS-42 Commerce Ministry envisages project for strengthening ICAB

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BSS-42

ICAB-PROJECT

Commerce Ministry envisages project for strengthening ICAB

DHAKA, Jan 26, 2021 (BSS) – The Ministry of Commerce is envisaging to undertake an infrastructure development project to strengthen the professional institutes, including the Institute of Chartered Accountants of Bangladesh (ICAB).

The project aims to ensuring more contribution of professional bodies to the development of economy.

Commerce Secretary Dr. Md. Jafar Uddin made this remarks while visiting the ICAB today, said a press release.

He advised for increased interaction with government so that the objectives of the Institute can be advanced.

The Commerce Secretary also suggested accommodating various development agenda in the form of project like the infrastructure development projects under the ministry of commerce.

Citing some landmark initiatives of ICAB to change the eco-system of the financial arena of the country, ICAB President Mahmudul Hasan Khusru said, “There is an urgent need to strengthen the members of ICAB so that they can contribute more to the economy and be aligned to the government’s mission and vision.”

He also said that the ICAB is working in government policy advocacy level to create a business-friendly environment to help bring more foreign direct investment (FDI) in the country.

Regarding the Document Verification System (DVS), Khusru informed that ICAB has developed the system jointly with NBR and is ready to work on the issue with other relevant stakeholders.

He also vowed to take such initiatives for progress and development of the country.

Ministry Additional Secretaries Sharifa Khan, Maleka Khairunnesa, Deputy Secretaries Abul Kalam Azad, Mohammad Mashooqur Rahman Sikder, council members, past presidents, among others, were at the programme.

BSS/PR/TIT/GM/RY/20:18hrs