Tag Archives: FATF

“The nation that will insist upon drawing a broad line of demarcation between the fighting man and the thinking man is likely to find its fighting done by fools and its thinking by cowards” (William Francis Butler) Pakistan is facing a …

Economists noted that during the last three decades, Pakistan received a significant amount of workers’ remittances, which are sent by millions of Pakistanis working in the international markets. For capital deficient countries, like Pakistan, they have stated that workers’ remittances …

Apart from managing the twin deficits (fiscal and current) in 2019, the government will be on its toes to clear two important tests: One is the stabilization program to be signed with the International Monetary Fund (IMF) and the second …

The year 2018 was a unique year in the history of Pakistan as it witnessed a new political party coming into power which, since 1988, was being shared predominantly between two political parties including an 8-year period of General Pervez …

An International Monetary Fund (IMF) mission led by Harald Finger visited Islamabad from November 7-20, 2018 to initiate discussions on a financial arrangement with the IMF requested by the Pakistani authorities to support their economic reform program. Discussions will continue …

Country’s economy being at its lowest ebb needed to be reformed on immediate basis. Growing fiscal and trade deficit along with fast dwindling foreign exchange reserves have made it impossible for the incoming government to achieve almost all macro economic …

Reportedly Pakistan’s name has been added to the Financial Action Task Force (FATF) ‘grey-list’. The overwhelming reaction to this move is being termed ‘arm-twisting’ to add to the woes of the country already suffering from serious balance of payment crisis. …