ISLAMABAD: Federal Minister for Finance and Revenue Shaukat Tarin on Tuesday said the government was ready to extend all possible support to the K-Electric (KE) for overcoming constraints and making it dynamic and sustainable in the long-run.

A KE delegation led by its Chairman Shan A. Ashary, Board of Director member Khaqan Khan and CEO Syed Moonis Abdullah Alvi called on the finance minister.

The KE chairman briefed Mr Tarin about the utility’s operations and the challenges faced by it.

Meanwhile, the finance minister expressed satisfaction over the headway made across all the areas of the Financial Action Task Force action plan and resolved to continue efforts for timely completion of the remaining parts of it.

Director General of Financial Monitoring Unit Lubna Farooq Malik briefed the minister about the significant progress made on the FATF plan, according to a press statement issued by the Finance Ministry. Ms Malik highlighted various measures that the government has taken to strengthen Anti-Money Laundering and Countering Financing of Terrorism regime in line with the best practices.

Published in Dawn, April 28th, 2021