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UK classifies Pakistan as 'high risk' state over money laundering, terror financing

In a setback for Islamabad, the United Kingdom in its new amended regulations on money laundering and terror financing has listed Pakistan under high-risk states. Pakistan is listed under 21 'high-risk third countries', which includes North Korea, Syria, Zimbabwe, Syria and Yemen. 

The 'Amendment of the Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017' has the amendment with the new list which includes Pakistan. The regulation came into effect on March 26.  ....

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Bhutan vaccinates 85% of the population in record time

Bhutan has become the first country in the world to administer the first doses of the COVID-19 vaccine to almost all its eligible population.

Bhutan's swift vaccination campaign is nearly finished just 16 days after it began.

The tiny Himalayan kingdom wedged between India and China has vaccinated nearly 85% of its adult population since March 27. Overall, the country has vaccinated 62% of its 800,000 people.

According to a report by The Economist, only Israel (95.1%) and Seychelles (94.1%) have vaccinated a higher percentage of adults, but in months. ....

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Remittances to Pakistan exceed $2 billion for 10th straight month

Remittances of $2.7 billion in March from Pakistani workers employed abroad exceeded $2 billion for the 10th consecutive month and were up 43 per cent from a year earlier, the central bank said on Monday.

Proactive policy steps by the government and State Bank to spur inflows through formal channels, combined with limited cross-border travel, medical expenses, and altruistic transfers amid the pandemic to fuel the rise, it said in a statement.

"The love and commitment of overseas Pakistanis to Pakistan is unparalleled," Prime Minister Imran Khan said on Twitter. ....

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Nepal reports 303 new cases of coronavirus: Health Ministry

Nepal has reported 303 new cases of coronavirus in the last 24 hours, taking the total number of infections in the nation to 280,028, the health ministry said on Sunday.  

The nation has also reported 3,040 deaths due to the contagious viral disease so far. 

"Nepal has been witnessing a sharp rise in COVID-19 cases in the past one week. As many as 303 new cases of the novel coronavirus infections were detected across the country in the past 24 hours," the Ministry of Health and Population said in a statement.  ....

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