Pakistan has been removed from the grey list of the money-laundering and terror-financing ombudsman – the Financial Action Task Force (FATF) – for the first time since 2018. The country was put under increased surveillance during the tenure of Pakistan Muslim League-Nawaz (PML-N).
According to President FATF Raja Kumar, Pakistan had acted upon all the action plans set by the watchdog. Kumar said that the decision was made after a team of the FATF visited Pakistan in the end of August and reviewed the progress.
Prime Minister Shehbaz Sharif was quick to respond to the news and took to Twitter to congratulate the country’s civil and military leadership.
Pakistan 🇵🇰 exiting the FATF grey list is a vindication of our determined and sustained efforts over the years. I would like to congratulate our civil & military leadership as well as all institutions whose hard work led to today's success. Aap sab ko bohat bohat Mubarak 🙂
— Shehbaz Sharif (@CMShehbaz) October 21, 2022