Tag: financial institutions
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IMF praises Pakistan’s economic progress and stability efforts
The Executive Director at the International Monetary Fund (IMF), Bahador Bijani, acknowledged a positive trend in the economic landscape of Pakistan, highlighting the effective measures taken by the authorities.
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Massive data breach: 2.2 million Pakistani citizens’ personal information for sale online
According to a report from Geo News, the personal data of 2.2 million Pakistani citizens has been compromised and put up for sale online. This breach occurred when hackers gained unauthorised access to a private company-made database that is utilised by hundreds of restaurants.
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IMF asks for more effort from Pakistan, loan programme in jeopardy
Despite assurances from friendly countries regarding external funds for Pakistan, the International Monetary Fund (IMF) remains unconvinced and is asking Islamabad to make additional efforts to unlock a loan programme.
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EU removes Pakistan from its high-risk third countries list
The European Union (EU) has officially removed Pakistan from its “List of High-Risk Third Countries” due to the country’s successful implementation of measures to address the strategic deficiencies in their Anti Money Laundering/Countering the Financing of Terrorism (AML/CFT) regime. This means that Pakistani businesses and individuals will no longer be subjected to “Enhanced Customer Due…