Pakistan and IMF begin talks on $7bn Extended Fund Facility and RSF reviews
Pakistan and the IMF have opened talks on the $7 billion Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF) reviews, focusing on fiscal performance, governance reforms, and anti-money laundering measures.
State Bank of Pakistan directs banks to terminate clients on Goods Declaration suspicion under AML rules
The State Bank of Pakistan has directed banks to tighten compliance on trade-based transactions, including the option to terminate client relationships if Goods Declaration mismatches raise AML suspicions.