The Asia Pacific Group (APG) on Money Laundering has placed Pakistan on its enhanced monitoring list for_________on 23 August 2019.
Correct answer: C. 1 year
- A. 3 month
- B. 6 month
- C. 1 year
- D. 2 year
Explanation
The Asia Pacific Group placed Pakistan under enhanced monitoring for one year in August 2019. This monitoring related to deficiencies in Pakistan’s anti-money-laundering and counter-terror-financing framework.
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Pakistan’s economy is examined through GDP, inflation, taxation, public debt, foreign exchange, trade, remittances and the balance of payments. The federal budget includes revenue targets, expenditure, development allocations and fiscal policy, while monetary policy, the State Bank, IMF programmes and economic reforms explain wider financial developments.
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