Articles for tag: AML, banking, CFT, claims, contradicts, economic policy, Export, financial stability, Foreign Exchange, foreign inputs, impetus, junta, Karachi, kind, Lavalia, media criticism, misleading, Pakistan, Pakistan Bank link, Pakistan's remittance initiative, PBA, Remittance, SBP, state bank of pakistan, state subsidies, Subsidies, tax compliance

June 30, 2025

PBA contradicts misleading claims on remittance subsidies

Listen to the article The Pakistan Bank (PBA) Association rejected Monday misleading allegations in recent press coverage, which suggests that government subsidies in banks located in remittance systems do not serve any financial purpose. Last week, an independent Institute of Policy urged the government to review the subsidy of profitable banks and redirect the limited fiscal resources to the development of growth. Economic Policy and Business Development (EPBD) issued the call on Friday, the same day that the Federal Economic Coordination Committee (ECC) was informed that the banks had claimed RS200 billion in the Pakistani Remistances Initiative (PRI). EPBD has

April 14, 2025

News Desk

International

Trump sinks in CBS over ’60 minutes’ report

Listen to the article US President Donald Trump called for criminal action against CBS and Paramount’s parent company after a “60 -minute” show that included critical sections in Ukraine and Greenland. The publication of the social platform of truth, Trump accused the long news broadcast of acting as a “dishonest political functional” and asked the network to face “maximum fines and punishment”, including the possible revocation of the broadcast. “It is not a ‘news broadcast’, but a dishonest political agent simply disguised as ‘news’,” the president wrote, urging the President of the Federal Communications Committee Brendan Carr – a Trump’s

March 6, 2025

News Desk

Lifestyle

The rage to depict dwarfs in Ramadan drama urges the channel to remove scenes

Ramadan’s special drama Ishq di chashni It has been submitted under fire for the controversial portrayal of nannism, especially on how it handles the character of Rasgulla. Played by a dwarf actor, Rasgulla’s depiction has been criticized, with viewers calling the character of the demonstration as offensive. Drama, starring Sehar Khan and Khushhal Khan, and directed by Shahid Shafaat, initially won the praise for his progressive story, which revolves around the story of the love of two passionate chefs and follows the classic enemies of the TROPE lovers. However, it was not long before the public began to express discomfort.

January 18, 2025

The Pakistan Daily

Tarar condemns association of 190mln pounds case with ‘religious aspects’

ISLAMABAD: Federal Minister for Information, Broadcasting, National Heritage, and Culture Attaullah Tarar condemned the social media campaign launched by the Pakistan Tehreek-e-Insaf (PTI) to associate the 190 million pounds mega corruption case with “religious aspects”. While speaking during a session on X (formerly Twitter), the minister said the decision against the PTI founder and his wife was based on merit, following the submission of concrete evidence by the prosecution. He alleged that the PTI founder and his wife embezzled Rs 80 billion, which was used to build a house in Lahore. He added that not a single person from PTI

PBA contradicts misleading claims on remittance subsidies

Pakistan Raises Petrol, Diesel Prices Under New Daily Pricing Mechanism

Pakistan Government, PTI Trade Blame Over KP Security and Governance

Direct Karachi-Europe Shipping Service Restored, Minister Says