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IMF stresses Pak to show ministers’ assets, reduce prize bonds

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International Monitory Fund has released some more details of its agreement with Pakistan acknowledging of implemented 26 out of 27 points of the Financial Action Task Force on Sunday.

The IMF stressed Pakistan to complete the implementation of the FATF action plan and establish a system of disclosure of assets on a priority basis.

The IMF urged Pakistan that the assets of top government officials including ministers should be disclosed.

It said that the use of prize bonds should be reduced as they are being used for tax evasion and illegal activities.

 

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