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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

    • Return of Arandu residents after ceasefire, Strong solidarity with security forces
    • Arandu Truce: Pakistan-Afghanistan elders agree on peace framework
    • Crises in Nuristan; Growing disillusionment with Taliban regime policy
    • Buriyogh elders seek probe as nepotism allegations rock AKAH
    • No immediate risk of Petrol and Diesel shortage in the country

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