PESHAWAR: Pakistan to get out of Financial Action Task Force greylist,claims top official.
Defence Minister Pervez Khattak on Sunday claimed that Pakistan will comeoff the grey list of the Financial Action Task Force (FATF) soon.
Addressing a public meeting in Naushehra, Pervez Khattak said that thecountry has made significant progress on the requirements of the FATF.
Lauding the government’s foreign policy, the minister said that followingthe United Kingdom, the United States has also updated its travel advisoryfor Pakistan.
He vowed to address the graveness of its allied parties. Pervez Khattaksaid that the government believes in democracy, adding that they willresolve all the issues through dialogues.
He said that Prime Minister Imran Khan has directed the authorities tofulfil all the promises made with the allied parries.
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Last year on October 20, Minister for Economic Affairs Hammad Azhar hadsaid that a coordinated effort is underway to achieve all targets of theFinancial Action Task Force (FATF) to get the country out of the anti-moneylaundering watchdog’s grey list.
“Pakistan’s FATF progress in 10 months: From 25 incomplete items in Jan2019 to just 5 incomplete in September,” he had tweeted.
“A coordinated effort is now underway to bring closure to all the partiallycomplete items in order to upgrade from the grey list in 2020 to the whitelist,” he had added.
