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Hina sees exit from FATF in gray list ‘critical’ for economy

Heaps of praise on Pakistan Financial Action Task Force (FATF) team for completing both actions plans – 2018 and 2019 – on time, minister of State for Ministry of Foreign Affairs Hina Rabbani Khar named success how result of four-year difficult journey, saying that “out of the gray list was critical for countries economy”.

In a tweet on On Friday, Hina said, “Congratulations Pakistan! International community unanimously recognized our efforts. Pakistan reaffirms its resolve keep moving and give our economy promotion. Pakistan Zindabad!

During the interview on Friday with Asia DW hotspot on aside of meeting in Berlin, she claimed that no country want to be in grey list because it has its own challenges, consequences, takes away investor confidence, and brackets the country that work under progress

hina currently chair of FATF National Coordinating Committee of Pakistan and leading country delegation in German capital.

“We obviously want continue remain even engaged more intensively with in international regulatory system to be a part of and to be among the leaders in some ways. It will always be very important for us try to get out as quick as possible,” she is added.

Completion Recognition of both actions plans Pakistan, the FATF argued that final decision in this relation is conditional on en on- Visiting the site.

The FATF went on to state that despite many challenges including the Covid-19 pandemic, Pakistan continued its tireless efforts for successful implementation of Action plans as a result in en improvement meet challenges of in future.

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Derrick Santistevan
Derrick Santistevan
Derrick is the Researcher at World Weekly News. He tries to find the latest things going around in our world and share it with our readers.

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