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Pakistan addresses 26 out of 27 action items of FATF

by Web Desk
August 3, 2021
in Business, Economy, Politics
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The National Assembly on Monday could not conduct its business due to lack of quorum and the session on FATF and IMF was adjourned until Tuesday (today).

Apart from Question Hour, no item on the agenda could be discussed.

The opposition protested over the absence of Finance Minister Shaukat Tarin who was supposed to inform the lawmakers on the issues related to the FATF and the IMF.

The Ogra amendment bill and Civil Unmanned Aircraft System bill 2021, which were on the agenda of the NA session, also could not be presented.

The proceedings of the House, which met under the chairmanship of Asad Qaiser, could not be held due to lack of quorum.

During the Question Hour, Minister of State for Parliamentary Affairs Ali Muhammad Khan said that Pakistan had completed 26 out of 27 points for exclusion from the FATF’s grey list.

Quoting Foreign Minister Shah Mahmood Qureshi, Khan noted that keeping Pakistan in the global anti-money laundering watchdog’s list was a political and not a technical issue.

The state minister said that during the previous PML-N tenure, only one point of FATF out of the 28 could be implemented. To this, PPP’s parliamentarian Naveed Qamar commented that the same situation continued even today and asked when Pakistan would be excluded from the FATF’s grey list.

Tags: Civil Unmanned Aircraft SystemFATFglobal anti-moneyIMFNational assemblyPML-N
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