Home General PM Imran directs speeding up steps to stop menace of money laundering

PM Imran directs speeding up steps to stop menace of money laundering


ISLAMABAD: Prime Minister Imran Khan on Wednesday said that the government would ensure prevention of money laundering as it caused irreparable damage to the country’s economy.

He said this while presiding over a meeting of for the prevention of money laundering.
The meeting was attended by Finance Minister Asad Umer, Federal Minister for Law Farogh Naseem, Minister for Information and Broadcasting Fawad Chaudhry, Minister of State for Interior Shehryar Afridi, Prime Minister’s Spokesperson Nadeem Afzal Chan, Adviser to Prime Minister on Media Iftikhar Durrani and Special Assistant to Prime Minister Imran Khan on Media Affairs Yousaf Baig Mirza.

The officials from the FIA, FBR, State Bank and NADRA briefed the prime minister on the steps to stop money laundering.

Farogh Naseem also briefed the meeting about proposed amendments in the law.
On the occasion, Imran Khan directed to accelerate the measures to stop money laundering.

Meanwhile, Minister Imran Khan has directed for introducing reforms in taxation system to achieve durable economic progress.

Chairing a meeting to discuss the revenue collection and enhancing the tax base, he termed the existing taxation system as unjust.

The Prime Minister said taxation statistics and the system in vogue can in no way support the national economy.

He said under the prevailing system, the poor has to pay taxes more than their financial capacity and called for bringing the non-taxpayers under the tax net.

He said reformation of taxation system and increasing the tax base are part of the Pakistan Tehreek-e-Insaf’s manifesto.

He also stressed on reforms in FBR to revive the trust of taxpayers in the taxation system.
The meeting discussed various proposals to increase the revenue and tax base, develop tax collection on modern lines, use of technology and bring about reforms in Federal Board of Revenue.

Meanwhile, Prime Minister Imran Khan on Wednesday met Secretary General of Economic Cooperation Organisation (ECO), Dr. Hadi Soleimanpour and assured that Pakistan would extend complete cooperation to the ECO.

Dr. Soleimanpour is on his maiden visit to Islamabad, who paid a courtesy call to the PM Imran Khan today.

According to official statement, the secretary general briefed PM Imran about background and activities of the ECO and underscored its importance as a regional economic organization aimed at enhanced regional social contacts, trade liberalization and greater connectivity.

He also expressed gratitude to the Prime Minister for providing opportunity to apprise him of his ideals of an active and vibrant ECO.

He enumerated a few achievements of the organization in the fields of educational and cultural exchanges between the member states and implementation of certain important agreements in other fields.

The prime minister appreciated the role of ECO and while discussing challenges faced by the Organization, ensured the Secretary General of full support of his Government.

He hoped that under the supervision of Dr. Hadi, the organization will achieve its objectives. He also wished success for the secretary general’s reform agenda.

Dr Soleimanpour is paying his first visit to Pakistan after assuming charge of secretary general of the economic inter-governmental organisation in August 2018. – NNI