Tags: AS | Pakistan | Terror Financing

Pakistan Faces Blacklist of Countries Financing Terrorism

Pakistan Faces Blacklist of Countries Financing Terrorism

Tuesday, 15 October 2019 03:38 AM

ISLAMABAD (AP) — Pakistan is trying to avoid getting blacklisted by the Financial Action Task Force, a global watchdog, when it meets Wednesday in Paris.

A report earlier this month by the task force's Asia Pacific Group, which monitors Pakistan's progress, is not encouraging.

The report says Pakistan has fully implemented only one item from a list of 40 measures that the country should be taking to curb terrorist financing and money laundering. The other 39 measures were either partially implemented or in some cases overlooked entirely.

Iran and North Korea are currently the only two countries on the blacklist.

Being blacklisted would be a serious blow for Pakistan's Prime Minister Imran Khan as he tries to boost its faltering economy and attract foreign investment and loans.

© Copyright 2019 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
GlobalTalk
Pakistan is trying to avoid getting blacklisted by the Financial Action Task Force, a global watchdog, when it meets Wednesday in Paris.A report earlier this month by the task force's Asia Pacific Group, which monitors Pakistan's progress, is not encouraging.The report says...
AS,Pakistan,Terror Financing
126
2019-38-15
Tuesday, 15 October 2019 03:38 AM
Newsmax Media, Inc.
 
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
© Newsmax Media, Inc.
All Rights Reserved