Pakistan Faces Blacklisting Over Terrorism Financing and Money Laundering

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(ISLAMABAD) — Pakistan is trying to avoid getting blacklisted by the Financial Action Task Force, a global watchdog, when it meets Wednesday in Paris.
A report earlier this month by the task force’s Asia Pacific Group, which monitors Pakistan’s progress, is not encouraging.
The report says Pakistan has fully implemented only one item from a list of 40 measures that the country should be taking to curb terrorist financing and money laundering. The other 39 measures were either partially implemented or in some cases overlooked entirely.
Iran and North Korea are currently the only two countries on the blacklist.
Being blacklisted would be a serious blow for Pakistan’s Prime Minister Imran Khan as he tries to boost its faltering economy and attract foreign investment and loans.
Pakistani Prime Minister Warns of 'Bloodbath' in Kashmir Region
Pakistani Prime Minister Imran Khan has denounced India’s crackdown in Kashmir and warned of a “bloodbath” in the disputed region.
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Pakistan got a mixed review for its efforts to curb terrorist financing and money laundering as it tries to avoid getting blacklisted by the Financial Action Task Force, a global watchdog, when it meets Wednesday in Paris.

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