Money laundering caused shortage of dollars in Pakistan: PM Imran Khan

Government of PakistanMoney laundering caused shortage of dollars in Pakistan: PM Imran Khan

ISLAMABAD, Pakistan: Prime Minister Imran Khan has said that the biggest reason of shortage of dollars in the Country is money laundering which was used by the previous ruling elite.

While addressing the National Assembly in Islamabad on Saturday, the prime minister said that when the ruling elite engages in practice of money laundering, it is not in a strong moral position to stop other people of doing so. He warned that there will be a complete crackdown on money laundering.

The prime minister said that fake accounts were also used for siphoning of money to take it abroad.

Imran Khan said that the devaluation of rupee occurred due to current account deficit of US$ 19.5 billion, the Pakistan Tehreek-e-Insaf (PTI) government inherited.

The premier said that remittances of Overseas Pakistanis are increasing through legal channels. He said that all out facilities are being provided to lure the foreign investment into the Country. He said that from next week, new schemes will start launching.

The prime minister said that imports have also been reduced and more work is being done in this regard.

Furthermore, he said that all measures are being taken to protect the poor classes from the burden of inflation and it is passed on to those segments of society only who can afford it.

Imran Khan said that today those people are talking of selection, who were themselves manufactured in the nurseries of dictatorships. He questioned that how those people can talk of corruption, who are themselves tainted with corruption.

Mati
Mati
Mati-Ullah is the Online Editor For DND. He is the real man to handle the team around the Country and get news from them and provide to you instantly.

Must read

Recent News

People’s Liberation Army Ground Forces Commander meets General Asim Munir

0
RAWALPINDI, Pakistan: The Commander of the People's Liberation Army Ground Forces General Li Qiaoming called on the Chief of Army Staff (COAS) General Syed...

Ambassador Faisal Tirmizi attends 6th Graduation Ceremony 2024 of Bath Spa University

0
ABU DHABI, UAE: Pakistan’s Ambassador to the United Arab Emirates (UAE) Faisal Niaz Tirmizi attended the 6th Graduation Ceremony 2024 of Bath Spa University...
The author Dr. Attia Anwar is a consultant family physician with a postgraduate degree from the Royal College of GP UK. She is a strong advocate of health and well-being and wants patient participation in decision-making regarding health.

Remission of diabetes through lifestyle modification

0
By Dr Attia AnwarIn a few recent studies in newly diagnosed type 2 diabetic patients, it is shown that remission is possible through intensive...

Mohsin Naqvi slams terrorist attacks in Musakhel and Kalat

0
ISLAMABAD, Pakistan: The Federal Minister for Interior Mohsin Naqvi on Monday strongly condemned the incidents of terrorism in Balochistan’s Musakhel and Kalat areas.Earlier in...
Will Mahrang Baloch, Western diplomats and Human rights defenders condemn Mushkhel incident?

Will Mahrang Baloch, Western diplomats and Human rights defenders condemn Musahkhel incident?

0
Islamabad, Pakistan: Once again, terrorists killed bus passengers in Balochistan after checking their National Identification Cards (IDC) and executed 23 who belonged to Punjab....
Advertisement