Wednesday, February 8, 2023

FATF: Pakistan defeats Indian malice, escapes blacklist as watchdog acknowledges progress


With Indian exposed malice failing to have Pakistan rendered blacklisted on Friday, the Financial Action Task Force (FATF) has kept the country on the grey list appreciating the reforms it carried out, ARY News reported.

The FATF committee acknowledged Pakistani efforts in curbing all the erstwhile concerns flagged by the global terror-financing watchdog and has extended Pakistan a period until February 2021 to satisfy all of 27 concerns.

Federal Minister of Industries and Production Hammad Azhar took to Twitter in the wake of FATF conclusion and asserted Pakistan has achieved “impressive progress on its FATF action plan”, and said that the watchdog acknowledges. “any blacklisting is off the table now”.

He congratulated government teams, both federal and provincial whose efforts and contribution came to fruition as they worked “day and night even during the pandemic to ensure this turn around”.

It may be noted that Indian lobby in the FATF, assisted with its allies, attempted to blacklist Pakistan despite the country’s incessant progress, however, the watchdog commended Pakistan on its speedy reforms carried out to come clean on erstwhile concerns.

READ: ‘India’s nefarious designs to push Pakistan into FATF blacklist will fail’

The committee, acknowledging Pakistan resolve and key reforms, has decided to keep the country on the grey list and advised it to do slightly more so whatever doubts remain can be quashed.

The Indian media, present in the session, having turned visibly pale as to have conceded a shock, ambushed the committee president with a number of questions betraying their panic.


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