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Tag: IMF seeks closure of private accounts

National

Public entities’ accounts in private banks must be closed, IMF

ISLAMABAD: The International Monetary Fund (IMF) has placed a condition on Pakistan to close all the bank accounts maintained by public sector entities and the defence ministry in commercial banks. The money should be transferred to the central bank’s account. The demand is aimed at bringing back hundreds of billions of rupees under the government’s […]

Posted on October 26, 2021 Author chiefeditor Comment(0)

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    Recent Posts

    •    Education; key towards prosperity of Pakistan
    • Tourism board approves Madaklasht as integrated tourism zone
    • Ministerial body proposes major reforms in sugar sector
    • 177,000 Pakistani children die before fifth birthday from malnutrition: minister
    • New Zealand all set to ban cigarettes for people born after 2008

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