If We had sent down this Qur'an upon a mountain, you would have seen it humbled and coming apart from fear of Allah. And these examples We present to the people that perhaps they will give thought. (59:21)

Indeed a very thought provoking verse to start with an interesting and enlightening guest speaker session by Imran Ahmad Mirza, CFO Pakistan Refinery Limited on 'Financing Issues and Challenges in Pakistan'. 'The verse', as reflected by Mr Mirza 'highlights importance of knowledge' and the responsibility which comes with attainment of knowledge. With his vast experience of approximately 30 years, working with renowned companies and people in leadership position, he left a memorable mark on our understanding about issues in Pakistan Economy.

Starting from Macro-level issues, he reflected that the major issue Pakistan's industry sector is facing is the perception issue - the perception that oil sector make huge money. However, it should be noted that this is the only sector that is most regulated and have no control over its prices. With current energy and oil crises one may automatically comprehend the situation oil companies might be facing and therefore there is a need for change in perception.

Major factor that contributes to challenges faced by Pakistan even after so many years of establishment is lack of consistency in national policies. He suggested if consistent policies would have been in place, our country would have been better than any other. Moving on to micro level issues, he was of the opinion that our consumers are our major concern. From secretariat to private consumers there is a reverse chain reaction that affects our economy. Moreover, our current reserves are depleting and the fact that we are unable to tab it fully will eventually lead us to think about ways to combat the situation creatively.

Nonetheless, Mr. Mirza's hard talk was enlightening for all the participants present. Leading us from macro level issues to micro level factors triggering businesses in Pakistan. he managed to present a snapshot of what is challenging for our economic growth and that as professionals what we can do to contribute back. Using simple yet powerful words and sharing of experience, he took us all through his knowledge; finally, leaving us with a lifelong message and he quoted "in solving any kind of challenge, if you will stick to the basics, problems will be solved eventually.