Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

FBR strongly denies the flight of dollar from Pakistan

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September 27, 2021: Federal Board of Revenue (FBR) has categorically rebutted the unfounded, malicious intent, and misleading content propaganda being advanced by some irresponsible elements that there was a huge flight of dollars from Pakistan.

It is further clarified that previously the bilateral trade between Pakistan and Afghanistan was carried out in US Dollars but now the same is being conducted in Pak Rupees. Furthermore, FBR has taken very stringent enforcement measures at the Airports to eliminate the possibility of any such unethical practice.

Pakistan Customs has made it mandatory for all passengers flying out of the country to undergo thorough personal scrutiny and 100 % declaration of currency through an automated process in order to ward off this nefarious illegal activity. This leaves the little possibility of the subject undesirable practice.

It is further reiterated that this transparent and efficient mechanism being adopted at all the airports across Pakistan is facilitating the smooth and easy movement of outbound passengers, thus reducing significantly their time and cost.

Press Release

Posted on: 2021-09-27T10:26:43+05:00

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