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Governance

Combating Currency Smuggling: A Priority for Pakistan’s Economic Stability

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The channels for smuggling money to Afghanistan are not publicly disclosed, but it is often done through informal and illegal means, such as through unlicensed money exchangers, cross-border trade, and personal networks. The statement about the government being helpless in stopping the smuggling may indicate a lack of effective measures to combat the issue. The responsibility for addressing the problem of currency smuggling likely lies with a combination of government agencies, such as the central bank and law enforcement, as well as the public and businesses cooperating with efforts to stamp out the illegal activity. It is a complex issue that requires a coordinated response to address.

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