ISLAMABAD: Minister for Power Division Hammad Azhar on Saturday said that Pakistan was not in danger of falling back to the blacklist of the Financial Action Task Force (FATF).
The minister said this while addressing media along with Director General National Counter Terrorism Authority in Islamabad.
He said the world community and the FATF recognized the considerable progress made by Pakistan on action plan and Pakistan’s high-level commitment.
“There were 82 agenda items on the action plan, that Pakistan received in 2018, which was on controlling terror financing, and we have completed 75 of these conditions,” he said.
Hammad Azhar said the plan was very difficult and Pakistan was the only country that had worked at such a fast pace. Besides the legislation, many rules and regulations were formed and multiple compliance efforts were made, he maintained.
FATF President Dr Marcus Pleyer had on June 25 said that Pakistan would continue to remain on the grey list. Nevertheless, he had acknowledged that “Pakistan has made significant progress and it has largely addressed 26 out of 27 items on the action plan it first committed to in June 2018.”