KARACHI: Pakistan is gradually moving in the right direction of choking the terrorism financing in order to halt the terrorism in the country.
The State Bank of Pakistan on Friday inaugurated a high-tech data centre which will help the Financial Monitoring Unit (FMU) in tracking down money laundering and terrorism financing.
The FMU is the financial intelligence unit of the finance ministry tasked with fighting money laundering and terror financing.
Established with the financial assistance of the UK Department for International Development, the data centre will host a specialist analytical suite of software (goAML) developed by the United Nations Office on Drugs and Crime (UNODC).