Finance Ministry Rejects Indian Media Reports Of AGP Blacklisting Pakistan
Sumaira FH Published August 23, 2019 | 03:37 PM
The Ministry of Finance Friday categorically rejected Indian media reports about Pakistan being blacklisted by the Asia-Pacific Group, the regional affiliate of the Financial Action Task Force (FATF)
ISLAMABAD, (UrduPoint / Pakistan Point News - 23rd Aug, 2019 ) :The Ministry of Finance Friday categorically rejected Indian media reports about Pakistan being blacklisted by the Asia-Pacific Group, the regional affiliate of the Financial Action Task Force (FATF).
The ministry in a press statement clarified that APG in its 22nd Annual Meeting held in Canberra, Australia from August 18-23, 2019, adopted Pakistan's 3rd Mutual Evaluation Report and put Pakistan in its enhanced follow-up as per APG's Third Round Mutual Evaluation Procedures.
In line with APG's Third Round Mutual Evaluation Procedures, Pakistan would be required to submit follow-up progress reports to APG on quarterly basis.
"Media reports, being circulated about Pakistan, being blacklisted by APGare incorrect and baseless," the Finance Ministry said.
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