Pakistan has been removed from FATF Grey List

Financial Action Task Force (FATF) Dr Marcus Pleyer has announced that Pakistan is removed from Grey List. Minister of State for Foreign Affairs Hina Rabbani Khar has announced that the FATF Plenary Meetings r continuing in Berlin. FATF will issue a Public Statement after the conclusion of the meetings tonight. Prejudging the outcome of speculative reporting could and should be avoided. Govt of Pakistan has arranged a media briefing at MOFA on Saturday morning on this issue.

Pakistan’s Exit from the FATF grey list will make positive gestures for the economy. FATF Grey list exit will make more trade with foreign countries.

According to news reports, a Pakistani delegation under Minister of State for Foreign Affairs Hina Rabbani Khar is currently in Germany, attending a crucial session of the Financial Action Task Force (FATF).

Pakistan has already implemented 26 out of 27 items on the action plan it first committed to in June 2018. of FATF after which the chances of Pakistan getting out of the gray list have become clear.