Finance Minister Asad Umar has expressed government's resolve to improve tax collection machinery.
In a meeting with industrialists at Overseas Chamber of Commerce in Karachi on Saturday, he said that FATF is serious issue and there is hope of progress in January next year on the issue.
He said Hundi and other illegal methods of bringing money have caused immense damage to the country.
He said there are assets of four thousand Pakistanis in Dubai, while ninety seven thousand Pakistani also possess properties in other countries of the world as well.