28 June :- The Financial Action Task Force (FATF) has given a tough fight to Pakistan, which is sponsoring terrorists for anti-India activities. FATF has failed to stop the financing of terrorists, which has included Pakistan as a gray list, in the list of suspected countries.
FATF had sent a 26-column action plan to Pakistan, so that Pakistan could be prevented from this action. Pakistan was trying to prevent the decision of 37 countries to come against us. But they are frustrated at their hands. But not getting into the FATF’s blacklist is a matter of comfort for them.
The decision to include Pakistan in the Gray List was taken in FATF’s Plenary session. FATF is a paris based inter-governmental organization. It was established in 1989 It looks at the organization to make rules to prevent illegal financial assistance. FATF’s Gray Lists countries have to face difficulties while taking loans from international organizations.
Pakistan had submitted a 15 month plan to the FATF. He also claimed that he had taken measures to stop the money laundering and the financing of terrorists. After this, FATF has taken this action. This action is likely to affect Pakistan’s economy.