Pakistan committed to further tighten rules against money laundering: Ali

Pakistan committed to further tighten rules against money laundering: Ali
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ISLAMABAD: Pakistan's ambassador to the United States Ali Jehangir Siddiqui says there would be no major impact on country's economy after being placed on the Paris-based FATF watch list .

In an interview with a foreign media outlet, he said Islamabad hopes to get off the list within fifteen months.

The Ambassador said the government is committed to further tighten rules against money laundering .

About Pakistan economy condition, he said it has recovered significantly in the past few years, posting a 5.5 growth in the previous financial year.

The multi-billion dollars CPEC project has given a tremendous boost to its economy and investment.  

Replying to a question, he said Trump administration recognizes the importance of Pak-US relations and achieving peace in Afghanistan.

 APP/AFP

Pakistan