Pakistan to exit FATF grey list this year: Tarin

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Minister for Finance and Revenue has said that Pakistan would exit the grey list of the Financial Action Task Force (FATF) this year as it has already achieved almost all targets set by the task force. “We have completed 26 conditions out of 27 of the action plan,” the minister told a Dubai English newspaper and termed the FATF decision to keep Pakistan on its grey list as politically motivated.

On Friday the Paris-based global money laundering and terrorist financing watchdog announced that it was retaining Pakistan on the grey list while noting that significant progress had been made in completing the required action items for removal from the list.

In a statement, the FATF said that Pakistan completed 26 of the 27 action items in its 2018 action plan and encouraged Pakistan to continue to

 

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