The role of Malaysia and Turkey, which openly backed Pakistan at the UN General Assembly (UNGA) last week, will be crucial during a meeting of the Financial Action Task Force (FATF) later this month in Paris. The meeting of the global money laundering and terror financing watchdog, scheduled for October 13-18, will decide whether Pakistan will continue to be in its ‘grey list’ or downgraded to the ‘black list’.
Islamabad has been on the ‘grey list’ since June 2018, and requires at least 15 of 36 votes to exit that list. Analysts, however, say attracting support for that will be an uphill task.Read More…
