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The International Monetary Fund (IMF) is calling for a comprehensive overhaul of regulatory frameworks as large technology companies continue expanding into areas traditionally dominated by banks, warning that stronger supervision is needed to safeguard global financial stability. While the IMF believes the current impact on the financial system remains limited, it cautions that the rapid growth of these companies across payment services, lending, insurance, and asset managem

Pakistan is facing mounting pressure from international financial watchdogs and the International Monetary Fund to strengthen its fight against trade-based money laundering and the circulation of untaxed wealth as the country prepares its federal budget for the 2026-27 fiscal year. The IMF has reportedly issued firm directives demanding that Pakistani authorities implement stronger safeguards against illegal financial flows before the beginning of the next fiscal cycle. The