UMT holds Post Budget Seminar 2023
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UMT holds Post Budget Seminar 2023

Post Budget Seminar 2023

University of Management and Technology (UMT) organized a Post Budget Seminar 2023 under the Office of Research Innovation and Commercialization (ORIC) and Dr Hassan Murad School of Management (HSM).

Chairman Pakistan Industrial and Traders Association Front (PIAF) Fahim Ur Rahman Saigol participated as a chief guest. Director General UMT Professor Abid Shirwani, Senior Analyst Adnan Abid, Former Chairman Federal Board of Revenue (FBR) Professor Sohail Ahmed, experts from the industry, UMT staff, faculty and students were also present.

Director General UMT Prof Abid Shirwani thanked the guests for participating and said that the budget plays a key role in running the country’s economy because all future affairs are planned under it and it affects every segment of our society. Talking about the promotion of industrialization, he said that unless there is innovation and improvement in the industry sector, our imports will not improve, so it should be given special consideration in the annual budget. He further said that the interaction between academia and industry should be very strong so that the future of millions of students graduating from universities every year is bright and they can play an important role in the development of the country.

Chairman PIAF Fahim Ur Rahman Saigol while expressing his thoughts at the event said that our budget should be increased for industry and agriculture sector to increase exports as exports are the backbone of any country’s economy. Fahim Ur Rehman Segal further said that we have to make and implement effective policies for different sectors because only then we can accelerate Pakistan on the path of development.

Former Chairman FBR Prof Sohail Ahmed expressed his views and said that unless we strengthen our industrial sector, we will continue to suffer from economic problems. In the past, we were the strongest country in Asia but due to our carelessness and wrong policies, we have become victims of economic recession. Prof Sohail said that we should introduce a friendly budget for all the sectors for which a lot of work needs to be done.

At the end of the ceremony, DG UMT Prof Abid Shirwani presented souvenirs to Fahim Ur Rehman Saigol and other guests of Post Budget Seminar 2023.

Related: UMT Holds the 2nd Invention to Innovation Summit 2023

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