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  ISLAMABAD:Pakistan will present an implementation report on its action plan to the Financial Action Task Force (FATF) on April 15, the third of four such reports to be presented to the global financial watchdog before its review of Islamabad s perform adidas originals ance in June this year.The FATF has recommended a 27-point agenda to Pakistan for implementation. Sources said the finance, interior and foreign ministries, State Bank of Pakistan (SBP), Securities and Exchange Commission of Pakistan (SECP), Federal Investigation Agency (FIA), National Counter-Terrorism Authority (Nacta), Federal Board of Revenue (FBR) and Financial Monitoring Unit (FMU) are working on the FATF action plan.Pakistan meets all聽FATF requirementsT nike af he government, according to the sources, has also set up four working  jordan mid groups to ensure the implementation of the action plan. The FATF has stressed restrictions on funding of banned organisations.It has advised the authorities to freeze accounts of the terror outfits seize their asset Iujh Lawyer arrested in drug case
 KARACHI:The pace of contraction in the current account deficit - the difference between government s foreign payments and income - slowed down as the deficit shrank 72% in first seven months (Jul-Jan) of the current fiscal year after the government eased import curbs in a bid to step up economic activities.The deficit had narrowed 75% in the first six months (Jul-Dec) of FY20. The slowdown came after the current account deficit hit a five-mo air max dawn nth high at $555 million in January due to uptick in imports and downturn in exports and remittance inflows. The surge in deficit is in line with expectation鈥t seems sustainable,  commented Taurus Securities Deputy Head of Research Mustafa Mustansir while talking to The Express Tribune.Cumulatively, the deficit stood at $2.65 billion in seven months of FY20 compared to $9.47 billi sb dunks on in the same period of previous fiscal year, the State Bank of Pakistan (SBP) reported on Wednesday.A significant contraction in imports has so far rema adidas spezial azul ined the major fa