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Al Jazeera
Al Jazeera
Business
Abid Hussain

Pakistan removed from global ‘terrorism’ financing list

Pakistan FATF Shehbaz Sharif Al Jazeera
The much-needed decision comes at a time when Pakistan’s credibility on the global market has taken a pounding because of its precarious economic situation [Rahmat Gul/AP]

Islamabad, Pakistan – The global money laundering and financing watchdog on Friday removed Pakistan from its list of countries under “increased monitoring” after four years.

Pakistan has been on the “grey list” of the Financial Action Task Force (FATF) since 2018 because of “strategic counter-terrorist financing-related deficiencies”.

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