.Staff Reporter
Islamabad
Pakistan will not be included in the black list and India will fail in its efforts, sources privy to the Finance Ministry noted.
According to sources, a Pakistani delegation led by Minister for Economic Affairs Hammad Azhar told the FATF meeting that Pakistan has made positive progress in 20 out of 27 points. The FATF examined the compliance report of Pakistan in its meeting and expressed satisfaction over new risk assessment study of Pakistan. Brotherly countries, including China, Turkey and Malaysia, have supported the stance of Pakistan. The Pakistani officials assured the FATF that Islamabad adheres to all FATF targets and anti-money laundering laws have been made according to international standards.
The FATF will determine how convincing and satisfactory are the steps taken by Pakistan to curb money laundering and terror financing.
