The Financial Action Task Force (FATF) has removed Pakistan from its Grey List.
As per news reports, the decision was taken by the FATF hybrid plenary meeting which met in Berlin and was the final one under the two-year Germany Presidency of Marcus Pleyer.
Though a formal announcement has not been made yet and is expected to be made later in the day, sources, as quoted by Tribune, said Pakistan was found in compliance with all the 34 aspects it was asked to improve upon.
| Install Our App | DOWNLOAD |
| Join Telegram Channel | JOIN NOW |
| Join Facebook Group | JOIN NOW |
| Subscribe YouTube Channel | SUBSCRIBE |
| Follow On Twitter | FOLLOW |
| Follow On Instagram | FOLLOW |
Pakistan had been on the FATF grey list continuously since June 2018.
The removal will enable Pakistan to access loans at cheaper interest rates as well as lower the risk of investing in the country.
Peoples Democratic Party chief Mehbooba Mufti on Sunday said that her party is willing to…
A day after National Conference president Dr Farooq Abdullah announced pre-poll alliance with the Congress…
The Federation of All India Medical Associations (FAIMA) called off the strike protesting the Kolkata…
The Cyber Unit Handwara has achieved significant success in its ongoing efforts to combat financial…
All India Institute of Medical Sciences (AIIMS) New Delhi has invited Online applications for the…
Power Grid Corporation of India Limited, a Maharatna Company under the Ministry of Power, Government…