April 19, 2021

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Pakistan to come out of FATF grey list by June: Hammad

ISLAMABAD: Minister for Industries and Production Hammad Azhar, Friday, expressed the optimism that Pakistan would come out of the Financial Action Task Force (FATF)’s “grey list” in June, saying the country is committed to full compliance of the action plan and “considerable progress” has already been made on the remaining three items out of the 27 points.

The minister, who represented Pakistan at the FATF Plenary, which concluded on Thursday and gave Pakistan four more months to complete its full action plan before its next plenary to be held from June 20-25, 2021, said that it was “good news” for Pakistan as the FATF acknowledged the country’s progress on the action plan.

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