FATF appreciates Pakistan progress on entire Action Plan

February 26, 2021: Minister for Industries and Production and Chairman FATF Coordination Committee Hammad Azhar, has said that Pakistan has completed almost 90 percent of its current FATF action plan.

In a series of Tweets, he said Pakistan completed with 24 out of 27 items rated as largely addressed and the remaining 3 items partially addressed.

Hammad Azhar said it was noted by the FATF members that Pakistan is subject to perhaps the most challenging and comprehensive action plan ever giving to any country.

The Minister said Pakistan remains committed to complying with both FATF evaluation processes.

He also commended the hard work done by dedicated teams in different government departments at federal and provincial levels in this connection.

Earlier, Financial Action Task Force appreciated Pakistan for significant progress made on the entire action plan.

According to a statement issued by the FATF, Plenary virtual meetings discussed a range of topics relating to Pakistan's progress.

Pakistan's delegation in the FATF Plenary was led by Chairman FATF Coordination Committee, Muhammad Hammad Azhar.

FATF has stated that to date, Pakistan has made progress across all action plan items and has now largely addressed 24 of the 27 action items.

The FATF has also acknowledged the continued high-level political commitment of Pakistan to combat terrorist financing.

Radio Pakistan