The Task Force will look into funding to terror groups and other matters highlighted in the briefing of Paramilitary Rangers in Karachi.
Justice (retd) Ghulam Sarwar Korai will be head of the Task Force with two other members including the home secretary of Sindh.
The Task Force will look into various aspects of financial assistance to terror groups. The force will also determine the elements involved in terror funding.
The Task Force will also submit its recommendations to dry out the funding for terrorism.
DG Rangers Maj Gen Bilal Akbar told the Sindh Apex Committee that millions of rupees are being used for funding to terrorist groups. The illegal money also being distributed amongst gang-war factions in Karachi.
He revealed that over Rs.230 billion is collected illegally in Karachi annually. The briefing went on to say that this money is also used for the purchase of arms and ammunition.
In the briefing it was also claimed that most crimes are committed under the patronage of a large party in the city.
The briefing also noted that the money made from sale of sacrificial animal hides is used for funding terrorist activities.