Page 4 - AccountantApr-June2015-17-9-2015

Signature Qualification CA that Empowers to Lead PAKISTAN The Council President Yacoob Suttar, FCA Vice Presidents Mohammad Maqbool, FCA contents Syed Najmul Hussain, FCA Members Farrukh Rehman, FCA Hafiz Mohammad Yousaf, FCA* Hidayat Ali, FCA** Khalilullah Shaikh, ACA M. Sharif Tabani, FCA Nadeem Yousuf Adil, FCA** Naeem Akhtar Sheikh, FCA 4 Editor’s Page The Pakistan April - June 2015 Nazir Ahmad Chaudhri, FCA M. Sharif Tabani Magazine of The Institute of Chartered Accountants of Pakistan Rashid Ibrahim, FCA Riaz A. Rehman Chamdia, FCA Sarmad Ahmad Khan, FCA 5 President’s Page Usman Ghani Akbani, FCA Yacoob Suttar Government Nominees Dr. Waqar Masood Khan A Global Perspective Mohammad Abdullah Yusuf, FCA 6 Join the Discourse Muhammad Zafar-Ul-Haq Hijazi Tariq Bajwa Cover Story *President w.e.f. Sept 12, 2015 **Vice Presidents w.e.f. Sep 12, 2015 Publications Committee Budget: A Global Perspective Chairman M. Sharif Tabani, FCA Hamza Bilal Members Aamer, ACA Fariha Wajid, ACA 10 Hina Shamsi, ACA Junaid Abbas, ACA Mansoor Ahmad Siddiqui, ACA Mubeshir Ali Kazmi, ACA Muhammad Amir Afzal Rana, ACA Budgets and the Real Economy Muhammad Fahim, FCA Dr. Ishrat Husain Muhammad Haseeb Atif, ACA Munim Imran, ACA and the Real Economy Sarosh Saleem, ACA Usman Aziz Shah, ACA 14 Waqas Latif, ACA COO/Secretary Feroz Rizvi, FCA Executive Directors Shoaib Ahmed, FCA Pakistan Annual Budget 2025 Masood Akhtar, FCA - The Imagined Prospective Editorial Team Mariana Markova Jones Senior Manager Samina Iqbal Publications samina.iqbal@icap.org.pk 16 Publications Asad Shahzad Co-Ordinators asad.shahzad@icap.org.pk Afshan Aleem Budget Highlights 2015 afshan.aleem@icap.org.pk Danish Saleem Editorial Office: Chartered Accountants Avenue Clifton, Karachi-75600 (Pakistan). Ph: 99251648, 99251636-39 Email: publications@icap.org.pk Website: www.icap.org.pk 18 The views expressed are those of the writers and do not reflect The Institute of Chartered Accountants of Pakistan. All submissions received will be edited for clarity and space. 2 The Pakistan Accountant April - June 2015