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It is expected that Pakistan will remain on the Financial Action Task Force (FATF) grey list during next month’s Plenary to assess the country’s progress in curbing the financing of terrorist organisations. FATF president Marcus Pleyer said during October’s review that there were “very serious deficiencies” in Pakistan’s efforts to counter terrorist financing and gave the country until the February 19-21 Plenary to resolve these issues as they cannot wait “forever.” “As long as we see that the country is progressing with the action items, and we have seen progress with Pakistan, we give them a chance to repair the outstanding issues, but we don’t do this forever,” Pleyer said.

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