Prime Minister Shehbaz Sharif expressed gratitude for the removal of Pakistan’s name from the FATF grey list. “Thank God that Pakistan got rid of the FATF grey list.”
My neck is bowed in gratitude to Allah Ta’ala for the elevation of Pakistan. Congratulations to the nation for restoring the reputation and dignity of Pakistan at the global level
This is a recognition of our great sacrifices in the war against terrorism. Pakistan’s efforts for counter-terrorism have been recognized by the world.
Today was the start of a two-day FATF meeting in Paris. According to sources, the Financial Action Task Force (FATF), a global organisation that monitors money laundering and terrorism financing, will begin its two-day conference in Paris today. The summit will cover a number of topics, including removing Pakistan’s name from the Grey List.
The representative for Pakistan in the meeting is Hina Rabbani Khar, Minister of State for Foreign Affairs, who is already in Paris.
During a trip to the United States just three days ago, Pakistan’s Finance Minister, Ishaq Dar, expressed hope that his country will be taken off the Financial Action Task Force’s “grey list” (FATF).
He added that Pakistan had made a lot of effort to get off the “grey list.” The government is certain that the country will survive the meeting that is set to take place in a few days, he added.
Raja Kumar, the task force’s new president, will preside over this meeting for the first time. It is important to note that Pakistan has adhered to both FATF action plans in full.
Islamabad has implemented 34 elements using two distinct action programmes. Officials claim that Pakistan has complied with all procedures to stop the financing of terrorism and money laundering.
At its most recent plenary meeting in March 2022, FATF kept Pakistan’s name on its “grey list” and ordered it to take additional steps to investigate and prosecute key leaders and commanders of UN-designated terrorist organisations for financing terrorism.
From August 29 to September 2, a high-level FATF team travelled to Pakistan to meet with relevant officials and assess the country’s progress toward achieving the criteria necessary to be taken off the grey list. The delegation looked at how well government programmes were carried out and viable.
