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No shortage of resources but need proper utilization: Amjad Saqib

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Chairman Benazir Income Support Program (BISP) and Founder, Akhuwat Foundation DrAmjadSaqib has said that there was no shortage of resources in the country but there was a need for proper utilization.

He was addressing the degree awarding ceremony organized by Punjab University School of Economics at Faletti’s Hotel, Lahore here on Sunday.

On this occasion, former Finance Minister DrHafeez A. Pasha, PU VC Prof Dr Khalid Mahmood, President Lahore Chamber of Commerce and Industry Kashif Anwar, Dean Faculty of Business, Economics and Administrative Sciences Prof DrMumtaz Anwar Chaudhry, Registrar Dr Ahmed Islam, Controller of Examinations Muhammad Rauf Nawaz, faculty members, students and their parents were present.

In his address, AmjadSaqib said that the main reason for the imbalance in the society is the unfair distribution of wealth. He said that one should spend according to their needs for a better life. He said that economists should take steps to promote entrepreneurship. He said that it is possible to change society by connecting the knowledge of economics with ethics.

Hafeez Pasha said that the economic conditions of Pakistan are on the way to improvement. He said that the acceleration in the stock exchange, the strengthening of the rupee and the record profits of the commercial banks are all positive indicators. He said that after the elections, there will be more stability in the country’s economy. He said that providing high and quality education to students by providing 70% of expenses from PU is commendable.

Prof Dr Khalid Mahmood expressed hope that the graduates will strengthen the country’s economy by playing a role in the field.

He said that you are our ambassador, whoever learns new knowledge should come to varsity and teach to the next generation.—INP

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