Abb Takk News

Pakistan will Come Out of Grey List in 2020: Hammad Azhar

ISLAMABAD: Federal Minister for Economic Affairs Muhammad Hammad Azhar said that Pakistan had targeted to complete all items on its Financial Action Task Force (FATF) action plan and get upgraded from the grey list to the white list in 2020.

In a series of tweets, the Minister said that a coordinated effort from all regulators, law enforcement agencies (LEAs), federal and provincial government departments was already underway in this regards.

“Pakistan has targeted to complete all items on its FATF action plan and InshAllah upgrade from the grey list to the white list of FATF in 2020,” he said.


“A coordinated effort from all Regulators, LEAs, Federal and Provincial Govt Depts is already underway in this regards,” Hammad Azhar added.

The minister moved on to say: “FATF has noted progress already achieved by Pakistan during the last one year and especially in the last four months.”

“However, more work needs to be done as our action plan is perhaps the most ambitious and challenging ever handed out to any country,” he concluded.