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Pakistan

Pakistan economy not to be affected by including it in grey list: Miftah

ISLAMABAD: Advisor to Prime Minister on Finance and Economic Affairs, Miftah Ismail on Monday said that inclusion of
Published February 26, 2018 Updated February 26, 2018 07:09pm

ISLAMABAD: Advisor to Prime Minister on Finance and Economic Affairs, Miftah Ismail on Monday said that inclusion of Pakistan's name in grey list would not affect the national economy and businessmen.

Pakistan had done a lot of work against money laundering and terrorism laws, and due to these steps, it was not possible to include its name in either black or grey list of Financial Action Task Force (FATF), he said while talking to a news channel.

At the moment, Pakistan's name was not mentioned in the FATF grey list, he added.

"We will make an action plan by June and its draft would be presented by Pakistan in the next FATF meeting," Miftah Ismail said.

To a question about considering Pakistan's name in the black list, he said that there was no question to put the country in any list as the government had already done a lot against money laundering and terrorism laws.

As far as Pakistan's economy was concerned, he said its exports graph was increasing.

Copyright APP (Associated Press of Pakistan), 2018

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