ISLAMABAD: Foreign Minister Bilawal Bhutto Zardari reaffirmed Sunday that the government of Pakistan was committed to continuing the positive trajectory of financial sector reform as part of its larger strategic objective of strengthening the economy while welcoming the Financial Action Task Force’s unanimous acknowledgment of completion of action plans.
The minister of foreign affairs stated in a press statement by the Foreign Office Spokesperson that the FATF plenary’s decision to give Pakistan an on-site visit was a good step.
It also demonstrated Pakistan’s extraordinary achievement in improving the effectiveness of its anti-money laundering and counter-terrorist financing regime, he added.
“I am confident that the good news from the FATF will restore faith in Pakistan’s economy and serve as a catalyst for long-term growth and development.” “Let me underline Pakistan’s high-level commitment to continue aligning our anti-money laundering and counter-terrorist financing regime with global norms,” the foreign minister added.
FM @BBhuttoZardari’s statement on #Pakistan’s successful completion of the 2018 and 2021 #FATF Action Plans.
— Ministry of Foreign Affairs – Pakistan (@ForeignOfficePk) June 19, 2022
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He expressed his excitement for the on-site visit as well as a successful and timely conclusion to the process resulting in Pakistan’s removal from the grey list.
Foreign Minister Bilawal also praised Pakistan’s FATF staff for their hard work and dedication, which resulted in the successful fulfillment of all technical requirements of both the 2018 and 2021 FATF Action Plans.
He noted that this was the consequence of deliberate national efforts and a total alignment of interests among all stakeholders.
