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FATF statement is recognition of restoration of Pakistan’s reputation internationally: Shahbaz

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ISLAMABAD, June 18(ABC): Prime Minister Shehbaz Sharif on Friday felicitated the nation after the Financial Action Task Force (FATF) announced that Pakistan would be removed from its ‘grey list’ after successfully passing the on-site visit stage, reported.

In a major development for Pakistan stuck in a whirlpool of crises, the international financial watchdog for combating money laundering and terrorist financing announced on Friday that Pakistan has “substantially completed its two action plans” and would be removed from the grey list after it passes the on-site visit stage.

Terming Pakistan’s imminent return to the ‘white list’ a step towards success, PM Shehbaz congratulated the core team, government institutions and all other persons involved in the successful implementation of the FATF action plan.

“Praise be to Allah, everyone’s efforts have borne fruit,” said the PM in a statement.

The PM also commended the performance of Minister of State for Foreign Affairs Hina Rabbani Khar and the foreign ministry team and said that “efforts of the core cell formed for the completion of the action plan, including civil-military leadership and team are commendable”.

The prime minister further said that the FATF statement was a recognition of the restoration of Pakistan’s reputation internationally.

“God willing, more such glad tidings in coming days will become the fate of Pakistan,” he said, adding that, “we are also working with the same fervour for the economic revival of the country”.

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  • FD News

    Financial Daily (FD) is an emerging media outlet providing news reports, analysis and features especially related to politics and economy. FD is currently one of the largest and most comprehensive private-sector information portals in Pakistan, providing its readers with apolitical, unbiased and fact-based news reports and analyses.

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