Economic challenges for ACCA Pakistani students

Students in Pakistan are asking the ACCA to look again at the fees for exams and annual subscriptions.

One student appealed directly on LinkedIn to CEO Helen Brand explaining: “Our nation and our students are facing unprecedented financial constraints.”

They pointed out that the devaluation of the Pakistani rupee against the British pound has meant the current exchange rate is £1 to PKR385, compared to last year when it was £1 to PKR250. This has significantly inflated the cost of education and living for ACCA students. The student pointed out that the rise in the WTH tax rate has also increased from 2% to 10%, adding to the financial pressures.

The student told Brand that the prevailing economic climate had seen a rise in unemployment, meaning many students can no longer support their studies.

What they want is a reduction in fees. Brand responded to the student saying; “We recognise the economic challenges that you and all our students are facing in Pakistan and are working to support you as much as we can through our pricing policy and learning support.”