ISLAMABAD: To comply with 40 recommendations of the Financial Action Task Force (FATF), Pakistan’s key institutions have come up with a comprehensive plan by devising 11 immediate outcomes for avoiding further down gradation through upcoming evaluation by the Asia and Pacific Group (APG) from the next week.
A delegation of the APG is scheduled to visit Pakistan from August 13 and will stay here for one week to evaluate the country’s progress. Pakistan will have to show progress on FATF instructions to avoid slipping from grey to blacklist. A list of 11 immediate outcomes has been exclusively shared with The News by top officials who said that all the key stakeholders including the Ministry of Finance, FMU, SBP, Nacta, FIA and FBR’s Intelligence and Investigation will have to play important role during the next week’s visit of the APG.
“We expect the APG officials to stay in Pakistan for one week,” said the official, and added it would be essential to satisfy the visiting delegation otherwise it would have serious consequences. Few months back, one preparatory meeting was convened in Thailand and the Pakistani delegation had to face severe criticism because it was believed China would be chairing the session, but at the last moment, India was given the chair and it was quite hard for Islamabad to defend its position for action against militant outfits. However, Pakistan has now made more preparations and it has relevant details to satisfy the delegation of the APG. With the consultation of all stakeholders, Pakistan has prepared 11 immediate outcomes to comply with the FATF demands.
Key topics include Pakistan’s current economic situation, effective taxation strategies, relief measures for public
Source say that Trump himself continued to speak positively about Musk to donors and others
Trump is famously prickly about being outshone by anyone in his entourage
Azerbaijan President visited Islamabad in July last year and he extended invitation to PM Shehbaz to visit his country
Vance met on Friday with leader of AfD, after endorsing party as a political partner
Nato Secretary General Mark Rutte also urged Europeans to get their act together