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June 27, 2021
ISLAMABAD: Federal Minister for Energy Hammad Azhar Saturday termed the opposition parties’ narrative on the Financial Action Task Force (FATF) shameful and condemnable.
Addressing a news conference, the minister said the world community and FATF acknowledged and recognized the considerable progress and efforts made by Pakistan on an action plan with high-level commitment.
He said the opposition was making political point scoring for its gains adding the national economy was heading in the right direction due to prudent economic policies of the incumbent government. He said FATF has also given a new 7-point action plan.
The new action plan was mainly focused to counter money laundering, which was relatively easy than the terror financing. “We have set a target to meet this in 12 months,” he said.