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Illicit flow of money cause of global inequality: PM

Top Story April 7, 2021 ISLAMABAD: Prime Minister Imran Khan has said the illicit flow of money from poor countries to richer states is the biggest reason behind the huge inequality and poverty in the word, state media reported. Speaking at the launching of the United Nations Development Program’s Pakistan National Human Development Report in Islamabad on Tuesday, Khan said every year, around one trillion dollars land illegally from poor countries to richer countries, while money-laundering of around seven trillion dollars takes place in tax havens. He said it is unfortunate that the richer countries have not evolved any mechanism to stop this illegal flow of money. Khan said this practice not only affects the living standard of the people, but also causes devaluation of currency that leads to more poverty in the world.

Imran khanInternational monetary fundCompetition commission of pakistanPrime minister imran khanUnited nations development programPakistan national human development reportPrime ministerCompetition commissionKhyber pakhtunkhwaஇம்ரான் காந்சர்வதேச பண நிதிபோட்டி தரகு ஆஃப் பாக்கிஸ்தான்ப்ரைம் அமைச்சர் இம்ரான் காந்ஒன்றுபட்டது நாடுகள் வளர்ச்சி ப்ரோக்ர்யாம்பாக்கிஸ்தான் தேசிய மனிதன் வளர்ச்சி அறிக்கைப்ரைம் அமைச்சர்

Pak to approach IMF for 2nd bailout package

Pak to approach IMF for 2nd bailout package Wed, Apr 7 2021 12:06 IST | 3 Views Pak to approach IMF for 2nd bailout package.. Image Source: IANS News Islamabad, April 7 : In a major decision aimed at curbing the worsening financial and economic situation of Pakistan due to the Covid-19 pandemic, Prime Minister Imran Khan has announced that his government will reach out to the International Monetary Fund (IMF) again, seeking a second relief package. The announcement by the premier came during the launch ceremony of the UN Development Programme s (UNDP) Pakistan National Human Development Report on Inequality. We are going to speak to the IMF because we see disruptions ahead. Just when our economy was recovering and all the indicators were positive, unfortunately, we will have to review the whole situation and our new Ehsaas Programme, Khan said.

United statesImran khanJoe bidenUn development programmeInternational monetary fundEhsaas programmePakistan national human development report on inequalityPrime minister imran khanPakistan national human development reportஒன்றுபட்டது மாநிலங்களில்இம்ரான் காந்ஓஹோ பிடென்ஐ நா வளர்ச்சி ப்ரோக்ராம்சர்வதேச பண நிதிஎஹ்சாச் ப்ரோக்ராம்பாக்கிஸ்தான் தேசிய மனிதன் வளர்ச்சி அறிக்கை ஆன் சமத்துவமின்மை

Pakistan to approach IMF for second Covid relief package

Daily Times Pakistan to approach IMF for second Covid relief package PM says every year, $1 trillion leaves developing countries for tax havens and $7 trillion are laundered out of poor countries April 7, 2021 Prime Minister Imran Khan Tuesday said that his government would approach the International Monetary Fund (IMF) for second relief package as third Covid-19 wave has gripped the country with its services sector hit badly. “We are going to speak to IMF because we see disruptions ahead. Just when our economy was recovering and all the indicators were positive, unfortunately we will have to review the whole situation and our new Ehsaas Programme. Because the services industry has been badly hit everywhere in the world but in Pakistan our industry has been really badly hit,” the prime minister said while addressing the launching ceremony of United Nations Development Program’s Pakistan National Human Development Report on Inequality.

United statesKristalina georgievaImran khanInternational monetary fundIntegrity panelEhsaas programmeCompetition commission of pakistanMinister imran khan tuesdayUnited nations development programPakistan national human development reportDirector kristalina georgievaFinancial accountabilityCompetition commissionKhyber pakhtunkhwaஒன்றுபட்டது மாநிலங்களில்இம்ரான் காந்

Pakistan to seek IMF relief to mitigate COVID-19 impact

Pakistan to seek IMF relief to mitigate COVID-19 impact This comes as Pakistan s COVID-19 deaths crossed the 15,000-mark on Wednesday. Meanwhile, the number of COVID-19 cases has also crossed 700,000 cases. By ANI| Posted by Sakina Fatima | Updated: 7th April 2021 7:28 pm IST Photo: Pakistan Prime Minister Imran Khan. Islamabad: Amid the rising number of Covid-19 cases in Pakistan, Prime Minister Imran Khan has said that his government would approach the International Monetary Fund (IMF) for another relief package to mitigate the impact of the pandemic. Addressing an event of the Pakistan National Human Development Report on Inequality on Tuesday, the Pakistan PM said his government’s “main concern is to lift our people” out of poverty, The Express Tribune reported.

Imran khanInternational monetary fundEhsaas programFund facilityPrime minister imran khanPakistan national human development reportExpress tribuneExtended fund facilityPakistan prime ministerஇம்ரான் காந்சர்வதேச பண நிதிஎஹ்சாச் ப்ரோக்ர்யாம்நிதி வசதிப்ரைம் அமைச்சர் இம்ரான் காந்பாக்கிஸ்தான் தேசிய மனிதன் வளர்ச்சி அறிக்கைஎக்ஸ்பிரஸ் ட்ரிப்யூன்

UNDP s Human Development Report Highlights Pakistan s Income Inequality Dilemma

UNDP s Human Development Report Highlights Pakistan s Income Inequality Dilemma
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