https://financetrainingcourse.com/education/2019/10/fatf-grey-list-pakistan-case-study/
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The Pakistani upper echelons neglect to explain how these advancements would aid the average Pakistani citizen with their basic problems and inflation because of all the clamor and credit-claiming in the lead-up to a potential escape from FATF greylist. If they do at all, that is.

https://financetrainingcourse.com/education/2019/10/fatf-grey-list-pakistan-case-study/

Is Will being removed from the infamous greylist immediately relieve you from price increases? Will this imply that Pakistanis’ future is brighter and more secure?

Will this imply that every regular Pakistani citizen, regardless of class, caste, or origin, will profit from this advancement, or like all prior successes, is it solely intended to benefit a select few?

There is not much funding remaining in the FY 2022–23 budget for development projects.

Particularly when the middle- and lower-middle-income groups, in particular, bore the weight in the form of layoffs, pay reductions, unemployment, and inflation.

In order to combat crimes that prevent the funding of terrorist operations and money laundering, the Financial Action Taskforce (FATF), an intergovernmental organization founded in Paris in 1989, develops and reviews worldwide standards.

The FATF develops policies that aim to compel states to implement changes in the targeted areas.

FATF Main Objectives may be Summarised as Follows:

  • Preventing money laundering
  • To stop funding for terrorism
  • To prevent the funding of nuclear weapons.

WHAT IS the GREY LIST OF FATF?

Any nation that has been put on the FATF’s “grey list” is subject to intensified monitoring to assess how well it is implementing measures to combat money laundering and terrorism funding.

COAS is commended by PM Shehbaz Sharif for adhering to FATF plans.

In order to be removed from the undesirable blacklist, the countries must next step up their efforts and take appropriate action.

Read more:Sikh Peoples Arrive on Ranjeet Singh Death Anniversary

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