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IMF tells Pakistan to crack down on trade based money laundering before next budget

International
Published on 12 May 2026
IMF tells Pakistan to crack down on trade based money laundering before next budget

A key system gap could be enabling risky activity

The IMF has urged Pakistan to take swift and strict action against trade-based money laundering ahead of the FY 2026-27 federal budget. The IMF flagged concerns about suspicious financial activity and noted gaps in how beneficial ownership information is shared, pressing Pakistan to strengthen financial oversight mechanisms before budget decisions come due.

  • IMF warns Pakistan to act quickly on trade-based money laundering
  • Concerns raised over suspicious financial activities
  • Gaps identified in beneficial ownership information sharing
  • Pakistan urged to strengthen financial oversight ahead of budget
Read the full story at Republic

This summarization was done by Beige for a story published on RepublicRepublic

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