Watchdog FATF Blacklisting May Affect Pak’s Capital Inflows: IMF Report

The potential blacklisting of Pakistan by the Paris-based Financial Action Task Force (FATF) could have implications for capital inflows to the country, according to a report released by the International Monetary Fund or IMF. The FATF, a global watchdog for terror financing, that kept Pakistan on the Grey List for an extended period till February 2020, had warned in October that Islamabad would be put on the ‘Black List’ if it did not comply with the remaining 22 points in a list of 27 questions. Read More…