FATF removes Pakistan from grey list a major victory for the country
FATF President Marcus Pleyer announced the decision at a virtual press conference held after the body's three-day plenary session came to an end today: Photo grabbed from social media

News Desk:

In a major breakthrough, the Financial Assistance Task Force (FATF) has acknowledged the commitment of Pakistan to fighting terror financing. The FATF members met in Berlin Germany to discuss and review Pakistan’s status and the country’s efforts to meet the force’s requirements. Pakistan made positive strides and met all action plans, the anti-terror financing task force said.

Hina Rabbani Khar Foreign Minister for State has congratulated the nation on this landmark victory in the FATF. “No matter who takes the credit, but this is a matter of immense pleasure”, she said on Friday evening.

Also Read: “Pakistan to remain on grey list”, FATF President

Pakistan had taken a number of steps to curb terror financing

Pakistan had taken a number of steps to curb terror financing. The Federal Investigation Agency (FIA) and other law enforcement agencies launched a crackdown against terror finances and made several arrests across the country. “Pakistan fights terrorism from all angles and aspects”, Hina Rabbani Khar stated.

Delegates representing 206 FATF members and observers are attending the plenary session. The observers include the International Monetary Fund (IMF), the United Nations, the World Bank, and the Egmont Group of Financial Intelligence Units.

Recent reports in the international media also mentioned this “quiet lobbying”, led by China, and one Indian media outlet reported that the plenary session “is likely to decide to move Pakistan out from the list of countries under increased monitoring, commonly known as its grey list”.

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Quetta Voice is an English Daily covering all unfolding political, economic and social issues relating to Balochistan, Pakistan's largest province in terms of area. QV's main focus is on stories related to education, promotion of quality education and publishing reports about out of school children in the province. QV has also a vigilant eye on health, climate change and other key sectors.