Pakistan In Trouble Due To In-action Against The Terrorists

Pakistan in trouble due to the show of action against the terrorists. FATF’s gray list has become the biggest problem for the financially weak Pakistan.

In June, Pakistan will have to undergo a litmus test again. If we do not take action against international terrorists now, then it will have to bear serious losses as well.

This issue is in the headlines in Pakistan’s media. The Pak media believes that Pakistan will have to amend at least two laws to take action against the terrorists.

It may be noted that in the meeting held last month by the Paris-based Financial Action Task Force (FATF), Pakistan has been put on the gray list by the month of June.

Pakistan has not completed three of the FATF’s 27-point action plans. In this meeting, it was believed that Pakistan did not take any concrete action against the terrorists banned from the United Nations.

Pakistan in trouble: Financial sanctions against terrorists have also not been strictly followed. According to the Dawn newspaper, Pakistan will have to submit its revised report to the FATF after one month.

In which information will be sought regarding the steps taken after the meeting and the hardening of the laws. The newspaper says that Pakistan has changed more than a dozen laws to meet the FATF’s 27-point action plan.

Now he will have to amend the two laws further. These amendments are to be taken for effective action on international terrorists and their funding.

Recently, Pakistan’s Finance Minister Abdul Hafeez Sheikh called a meeting of Industry Minister Hammad Azhar and the coordination committee of FATF as well as all relevant departments.

It also included high officials of the federal government and the military. The grey rating of the Financial Action Task Force (FATF) has not been withdrawn from Pakistan.

Pakistan’s media report states that at least two laws must be enacted to meet the outstanding three points of the 27-point action plan of the FATF, which monitors global money laundering and terrorist financing.

The FATF meeting is now scheduled to be held in June, so Pakistan will have to complete this exercise beforehand and rein in terrorist funding.

Now within a month, an update report has to be presented to the FATF in which it will have to give information about the steps taken to prevent terrorist funding and money laundering.

The news agency quoted the Pakistani newspaper The Dawn as saying that the Imran government in Pakistan has amended about three dozen laws to act according to the requirement of the FATF. There is no problem before the government regarding the amendment of two more laws.