Federal Minister for Economic Affairs Hammad Azhar on Wednesday expressed the confidence that Pakistan was progressing positively on the action plan of the Financial Action Task Force (FATF) and would come out of its ‘grey list’ in 2020.
FATF, a global watchdog for money laundering and terrorist financing, last Friday gave Pakistan a four-month lifeline, urging Islamabad to fulfil its commitments by February 2020.
Addressing a press conference in Islamabad, Azhar, who led the Pakistani delegation at FATF’s five-day plenary in Paris last week, said that the country’s progress had been duly recognised in the watchdog’s September report.Read More…l
