The International Monetary Fund (IMF) has raised serious concerns over Pakistan’s failure to stop money laundering schemes effectively. In a draft report, the IMF pointed out that Pakistan’s beneficial ownership system is weak and not fully functional. This system is meant to track the real owners of companies. However, data sharing among key institutions like […]
raised serious concerns
Exporters sound alarm over budget shocks, demand urgent fix from PM
Pakistan’s leading export groups have raised serious concerns over the recent budget changes. They say these changes will damage the country’s $11 billion value-added export sector. The sector includes garments, sports goods, and leather products. It contributes about one-third of national exports and is already under pressure from rising costs. The exporters demanded an urgent […]