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ISLAMABAD:
Prime Minister Shehbaz Sharif on Friday felicitated the nation and welcomed the announcement of Monetary Motion Process Drive (FATF) that Pakistan had met all its situations for exclusion from the gray record.
The assertion comes quickly after FATF – a global monetary watchdog for combating cash laundering and terrorist financing – on Friday introduced kick-starting a course of to take away Pakistan from the gray record after 4 years of rigorous monitoring.
“At its June 2022 Plenary, the FATF made the preliminary dedication that Pakistan has considerably accomplished its two motion plans, masking 34 objects,” based on an announcement issued by the FATF on Friday.
Learn extra: Imran Khan credit Hammad Azhar, his staff for ‘profitable FATF compliance’
On-site inspection mission choice was taken by the worldwide physique throughout its June 14-17 plenary assembly held in Berlin, Germany.
“Reward be to Allah, return of Pakistan to the white record is a giant success of Pakistan,” PM Shehbaz mentioned in an announcement.
He congratulated the federal government establishments, personalities and related staff and mentioned their joint efforts bore fruit.
He appreciated the efficiency of Minister of State for International Affairs Hina Rabbani Khar and staff of the overseas ministry.
The premier mentioned that the efforts of the essential cell associated to FATF and of army and civil management included in it, have been praiseworthy and credit score went to them for his or her work on this nationwide endeavour.
“I pay tribute to the entire staff working for the success of Pakistan,” he mentioned, including that the assertion of FATF was recognition of the restoration of the worldwide status of Pakistan.
“Extra such excellent news will probably be future of Pakistan in future,” he mentioned, including that the return of Pakistan to the white record would assist in bettering the financial and monetary scenario of Pakistan.
“We’re working with the identical dedication for the financial revival of Pakistan,” he concluded.
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