Aizy Detained in Libya Last Pakistani crew member of Morning Glory awaits freedom
ISLAMABAD:Pakistan's banking system faces a credit risk from the country's continued inclusion on an international grey list of nations falling short of global money laundering rules, rating agency Moody's said on Thursday.Global watchdog Financial Action Task Force (FATF) said last week that Pakistan would remain on the list, expressing concern it had not completed an agreed-upon action plan, and giving it until June to do so. The announcement is credit negative for Pakistani banks because it raises questions about potential additional restrictions rel
adidas gazelle hellblau ating to banks' foreign-currency clearing services, as well as their
air max plus max foreign operations, Moody's said, adding that increased compliance costs would also hamper banks' profitability.Thoug
jordan hombre h Pakistan's compliance with global rules had improved, Moody's said, its weakness risked banks losing access to foreign currency-clearing services, crucial for cross-border payments used to fund imports and exports. This risk has so far not crystallis Cafz A declining nation
ISLAMABAD:The Senate session convened on Friday to discuss the budget was marred by disruption as the opposition staged a walkout over the non-issuance of the production order of
jordan sneaker herren former president Asif Ali Zardari.They were also sharp exc
nike air 1 hanges over what the opposition said was lack of action on a resolution approved in the upper house regarding the reference against judges.During the session, presided over by Senate Chairman Sadiq Sanjrani, the members of the opposition said the federal budget would saddle the people with more debt.The issue of the non-issuance of Pakistan Peoples Party (PPP) co-chairman s productio
airforce n order was raised by PPP Senator Sherry Rehman.She said NAB had arrested Zardari from his residence, a day before the budget, even though he was cooperating with the investigators while arrest warrants had also been issued for his sister in the same case. Politicians are being harassed, Rehman said. The government is using the National Accountability Bureau (NAB) as a ret