Pakistan faces a loss of Rs 2.66 lac crore for being in grey list of FAFT| Master Stroke

18 Oct 2019 10:22 PM

Pakistan faces a loss of Rs 2.66 lac crore for being in grey list of FAFT| Master Stroke

Updated 18 Oct 2019 10:22 PM

The Financial Action Task Force (FATF) on Friday formally announced that Pakistan will remain on its grey list for the next four months, handing it a final lifeline.
FATF President Xiangmin Liu, while expressing satisfaction over steps taken by Pakistan against terrorism and corruption, on Friday announced that Pakistan will remain on its Grey List till February 2020.
The decision was taken after a five-day plenary of the FATF. The inter-governmental organization has urged Pakistan to address all tasks given to it till February 2020.

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