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CIPFA and ICAB sign MoU to strengthen public financial management in Bangladesh

The Chartered Institute of Public Finance and Accountancy (CIPFA) and the Institute of Chartered Accountants of Bangladesh (ICAB) signed a Memorandum of Understanding (MoU) on 1 February to help strengthen public financial management in Bangladesh.

The MoU will provide cooperation between the two institutes that will enhance governance processes in public sector institutions. The signing took place at the ICAB office, attended by Gillian Fawcett, CIPFA head of governments’ faculty, Ian Ball, CIPFA international chairman, and ICAB representatives.

CIPFA will consult with ICAB regarding activities in Bangladesh seeking advice and guidance where appropriate. Both the Institutes are entering into this MoU for a limited purpose and within its legal mandate to act in public interest.

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