ISLAMABAD: The government decided to amend laws for the effective prevention of smuggling and illegal money transfers (Hundi and Hawala).
The decision was taken in a meeting presided over by Prime Minister Imran Khan to discuss issues relating to smuggling and illegal money transfers (Hundi and Hawala).
During the meeting, Secretary Commerce and FBR briefed the prime minister on losses incurred to national economy as a result of smuggling and illegal transfer of money.
The meeting decided to make existing laws more effective by making necessary amendments to prevent smuggling and illegal money transfers (Hundi and Hawala).
A committee led by Attorney General (AG) and comprises of representatives from Customs, State Bank, Federal Board of Revenue (FBR) and Federal Investigation Agency (FIA) has also been constituted in this regard.
The committee will present its report to the Prime Minister in a week.
PM Imran Khan also directed the Interior Ministry to present recommendations regarding a robust and organized course of action with regard to administrative steps within a week.