Islamabad: A US Treasury delegation will meet senior Pakistani economic managers next week to exchange views on money-laundering and financing of terrorists, according to a media report on Saturday.

Officials of Pakistan's Finance Ministry and State Bank told a newspaper that the US delegation comprising four to five officials will hold talks with Finance Minister Abdul Hafeez Shaikh, State Bank of Pakistan Governor Yaseen Anwar and other officials.

The delegation may also meet Prime Minister Yousuf Raza Gilani. Pakistan drew a lot of attention on the issue of money laundering and financing of terrorists since 9/11.

Transactions in and outside Pakistan have been under strict scrutiny since then.

The checks on remittances from abroad put an end to all illegal channels and banks took charge of these transactions.

Under the Anti-Money Laundering Ordinance promulgated in 2007, money laundering is a punishable with prison terms ranging between one and 10 years, a fine of up to Rs 1 million and forfeiture of property.

On Friday, the State Bank of Pakistan directed all exchange companies to meticulously follow anti-money laundering laws and to counter the financing of terrorists by submitting suspicious transactions manually or electronically to the Financial Monitoring Unit.