Finance Minister Ishaq Dar directed the authorities concerned to formulate a vigorous framework for the prevention of cross-border smuggling of foreign exchange earlier on Friday.
The move came in after an inter-ministerial meeting held in the Finance Division which met to review the economic situation of Pakistan.
A statement issued by the Ministry of Finance revealed that the inter-ministerial meeting discussed the smuggling of wheat and urea, as well as focusing on the contemporary financial outlook of the country.
The statement said that various measures were suggested to curb the smuggling of foreign exchange, wheat and urea during the meeting held at the Finance Division.
Among the attendees were Minister for Law and Justice Azam Nazeer Tarar, SAPM on Finance Tariq Bajwa, SAPM on Revenue Tariq Pasha, Governor SBP, Secretary Finance, Secretary Interior, Chairman FBR, DG FIA, DG I&I Customs and senior officials of the Finance Division and intelligence agencies.
The statement added that all participants lauded Finance Minister Ishaq Dar’s efforts to tackle the current economic situation of Pakistan.