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18 Oct 2019

Pakistan avoids terror financing blacklist _ for now

Author: admintech | Filed under: World

Pakistan avoids terror financing blacklist _ for nowAn international monitoring agency has given Pakistan four months to prove it is fighting terrorism financing and money laundering — or it could be put on a damaging global blacklist. The Financial Action Task Force also threatened Iran, which is already blacklisted, with even tougher restrictions on its international financial activity. The FATF’s announcement Friday on Pakistan offers a reprieve to Prime Minister Imran Khan as he works to shore up his country’s faltering economy and attract foreign investment and loans.