Page 4 - CMA Journal (Jul-Aug 2026)

President's

Message

Dear Esteemed Members and Readers,
I am pleased to present the July–August 2026 issue of the Chartered Management Accountant
Journal. The theme, Smart Procurement and the Digital Economy, could not be more timely.
What was once viewed as a routine administrative function is now emerging as a strategic lever
for transparency, e ciency, and competitiveness.

Just weeks ago, the Public Procurement Regulatory Authority (PPRA) rolled out EPADS 2.0,
alongside adoption of Open Contracting Data Standards and enhanced grievance redressal
mechanisms. These reforms, combined with the vision for a uni ed digital procurement system,
mark a decisive step toward modernising Pakistan’s procurement landscape.

Procurement is no longer about paperwork and compliance; it is about leveraging technology to
deliver value for money, strengthen oversight, and build trust. With digital platforms, AI driven
analytics, and interoperable systems now being piloted, Pakistan has a framework to channel
procurement energy responsibly and productively.
As Cost and Management Accountants, we have a vital role in advancing good governance. I
encourage our members and other readers to go through this issue and explore ICMA’s latest
publication. Together, these resources provide valuable perspectives on strengthening
Pakistan’s scal governance framework, promoting accountability, and supporting sustainable
economic development.

I extend my sincere appreciation to the editorial team, distinguished contributors, reviewers, and
all those whose dedication has made this edition of the CMA Journal possible. Let us continue
working together to foster transparency, strengthen accountability, and build institutions that
serve the nation with integrity and excellence.

Azeem Hussain Siddiqui, FCMA
President, ICMA

2 ICMA’s Chartered Management Accountant, Jul-Aug 2026