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Extensive coverage of Pakistani blogs, bloggers and the Pakistan blogging community.

How Pakistan's Corrupt Elite Use Trade Misinvoicing to Launder Money

From the Blog riazhaqPakistan's exports have declined significantly since former Prime Minister Nawaz Sharif's PMLN party assumed power in 2013. They are down from about $25 billion in 2013-14 to about $20 billion in 2016-17. At the same time, the nation's imports have jumped to $47 billion during this period, widening the trade deficit to a record $27 billion. Overvaluation of the Pakistani currency and CPEC related imports are often cited as a reason for it. The other, probably more important reason, may be increasing misinvoicing of trade facilitated by the people in power. Trade misinvoicing is the largest component of illicit financial outflows from developing countries, according to Washington-based Global Financial Integrity (GFI) which tracks such flows. *Trade Misinvoicing:* Global Financpakistanblogs.blogspot.comRead Full PostComments


From the Blog umertoormissing someone can be taxing on immune system, cause there is nothing else left to do than to eat. the sadness powered by repeat playlist of time spent with beloved and endless iterations of new scenarios in which she is wooed, impressed, and won leave little time and energy to do anything else. why is that? why? physical and geographical separation is an added blessing for the demons of love, further adding gasoline on fire. you miss her going to bed, getting out of it, nothing you do is somewhat unrelated and hence futile if it can't help get her. daydreaming becomes reality, and real life takes a back seat. you start missing deadlines, get sad, unenergetic, blue... why??? out of nowhere comes short lived bursts of hope and euphoria where beloved looks back with love and carepakistanblogs.blogspot.comRead Full PostComments 3165498098241762700 Pakistani Blog Posts


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All posts on this site are the opinion of their respective authors. PakistanBlogs .blogspot .com aggregates posts from original sources and assumes no responsibility for any expressed opinion and cannot be held liable. All posts posted 'as is' for the purposes of commentary and reference only. You may contact the author(s) by following the "Read Full Post" link with each post.

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