PM felicitates nation on FATF announcement

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Shehbaz Qatar visit

Islamabad: Following the announcement of the Financial Action Task Force (FATF) to remove the name of Pakistan from its infamous “grey list” after an on-site inspection by a force team as the latter met all 34 items on two separate action plans, Prime Minister Shehbaz Sharif felicitated the nation and welcomed the announcement of the global watchdog for combating money-laundering and terror financing.

Read: FATF warrants ‘on-site’ visit to verify Pak AML/CFT reforms

“Return of Pakistan to the white list is a big success of the country. The efforts of the basic cell related to FATF and of military and civil leadership included in it are praiseworthy, and credit goes to them for their work in this national endeavour,” the Prime Minister said.

The announcement comes as an acknowledgement of the “restoration of the international reputation of Pakistan”.

The decision of the global watchdog to acknowledge the achievements of Pakistan in the fight against money-laundering and terror financing was also welcomed by the armed forces of Pakistan.

In a tweet, the DG ISPR said that the completion of FATF AML/CFT action plans was a “great achievement” by Pakistan.

“Core cell [at the] GHQ which steered the national effort [and] civil-military team which synergised implementation of action plan made it possible, making [Pakistan proud,” the Army Chief said.