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Zaheer Abbasi & Ali Hussain

US support will be key to overcoming FATF challenge
Markets

US support will be key to overcoming FATF challenge

Pakistan requires at least three votes to block any proposal by the 37-member Financial Action Task Force (FATF) to put it on the blacklist and a consensus to remove it from the grey to white list, according to sources in the Finance Ministry. "We are opt
Published 13 Sep, 2019 12:00am
US support will be key to overcoming FATF challenge
Markets

US support will be key to overcoming FATF challenge

Pakistan requires at least three votes to block any proposal by the 37-member Financial Action Task Force (FATF) to put it on the blacklist and a consensus to remove it from the grey to white list, according to sources in the Finance Ministry. "We are opt
Published 13 Sep, 2019 12:00am
APG places Pakistan on enhanced monitoring category
Markets

APG places Pakistan on enhanced monitoring category

Asia Pacific Group (APG), regional grouping of the Financial Action Task Force (FATF), has placed Pakistan on its enhanced monitoring category which would require Pakistan to submit an updated report on technical compliance to APG on February 1, 2020. Thi
Published 24 Aug, 2019 12:00am
APG places Pakistan on enhanced monitoring category
Markets

APG places Pakistan on enhanced monitoring category

Asia Pacific Group (APG), regional grouping of the Financial Action Task Force (FATF), has placed Pakistan on its enhanced monitoring category which would require Pakistan to submit an updated report on technical compliance to APG on February 1, 2020. Thi
Published 24 Aug, 2019 12:00am
MBS all praise for IK; says KSA making $20 billion investment
Print

MBS all praise for IK; says KSA making $20 billion investment

Saudi Crown Prince Mohammad bin Salman said that Saudi Arabia is making a $20 billion investment in Pakistan in the first phase which will be increased every month. Speaking at the reception hosted in his honour by Prime Minister Imran Khan after the sign
Published 18 Feb, 2019 12:00am
MBS all praise for IK; says KSA making $20 billion investment
Print

MBS all praise for IK; says KSA making $20 billion investment

Saudi Crown Prince Mohammad bin Salman said that Saudi Arabia is making a $20 billion investment in Pakistan in the first phase which will be increased every month. Speaking at the reception hosted in his honour by Prime Minister Imran Khan after the sign
Published 18 Feb, 2019 12:00am
Government may easily adopt supplementary finance bill in NA
Print

Government may easily adopt supplementary finance bill in NA

The government is unlikely to face any difficulty in passage of Supplementary Finance (Amendment) Bill-2019 in the national assembly as the bill does not require debate and sending it to the National Assembly's Standing Committee on Finance, sources in th
Published 05 Feb, 2019 12:00am