The Securities and Exchange Commission of Pakistan (SECP) signed Memorandums of Understanding (MoUs) with five leading universities to promote financial literacy among youths. SECP’s Commissioner Investor Education Department Shaukat Hussain inked the MoUs, while the universities were represented by their respective vice chancellors, registrars and directors. These HEC recognized universities included University of Balochistan, Mehran University of Engineering and Technology Jamshoro, University of Wah, Forman Christian University Lahore and University of Malakand. With these five MOUs, SECP’s total number of active MOUs with various institutions under its investor education program ‘Jamapunji’ reached 51, giving it leverage of an ever increasing network of partners for spreading investor awareness.
Talking on the occasion, Shaukat Hussain emphasized on the importance of collaborative efforts between the regulator and the educational sector to enable a more aware and responsible financial ecosystem in Pakistan. He mentioned SECP’s efforts leading to 28 places jump in the World Bank’s Ease of Doing Business Index, making Pakistan among the top 10 countries with the most improved business climate.
The commissioner apprised participants of SECP’s dedicated Startup Portal and ongoing collaboration with various National Incubation Centers across Pakistan. He informed the participants that SECP is member of HEC’s National Curriculum Revision Committees (NCRC) and providing due input in improving economics and business administration tertiary level curricula.
