FBR Failure against Money Launderer.

The State Bank of Pakistan’s Financial Monetary Unit (FMU) a year ago had blamed 330 individuals for having laundered cash abroad, yet the Government Leading group of Income (FBR) has neglected to make any move against them. The rundown is said to incorporate 20pc politicians and 80pc are business magnates. SBP’s FMU distributes month to

Sub-committees Formed to Encourage Islamic Banking

Islamabad – Finance Minister Ishaq Dar stated that the government is actively working through its policies to encourage Islamic Banking in Pakistan. With regards to this, the finance minister gave notifications to four sub-committees for encouraging and assistance of shariah-compliant banking in the country. Not just this, the sub-committees’ terms of reference were also accepted