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

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....

USD to PKR: USD Dollar Rate in Pakistan Today – 26 August 2024

0
The US Dollar (USD) was being bought and sold at Rs 279.10 and Rs 280 in the Open Market against the Pakistani Rupee (PKR)...

Gold Price in Pakistan Today – 26 August 2024

0
On Monday (August 26, 2024), the gold rate for one tola of 24-karat in Karachi, Pakistan, is Rs 264,500.000.It's important to note that gold...
Aleema khan and Faiz Hameed

The Faiz Factor: PTI is crumbling while Aleema Khan tries to manage

0
Peshawar, Pakistan: The last 30 days had been ‘terrible’ for former prime minister Imran Khan and his family after ‘the Faiz Factor’ ceased to...
Advertisement