Failure in money laundering control and institutional weaknesses exposed in Pakistan
Islamabad: The International Monetary Fund (IMF) has revealed in its latest report that Pakistan has failed to effectively prevent money laundering schemes, while there are significant weaknesses in the use of beneficial owner data and cooperation between institutions. According to sources, the IMF’s Governance and Corruption Diagnostic Assessment report is due to be released this […]
Pakistan’s foreign exchange reserves increase marginally, total volume at $19.496 billion
Karachi: The State Bank of Pakistan, while releasing the latest data, has reported a slight improvement in the country’s foreign exchange reserves, after which they have reached $19.496 billion. According to the state bank, the total foreign exchange reserves increased by $1.1 million in the week ending August 8, 2025. During this period, the State […]