New Delhi/June,22 : A day after the Financial Action Task Force (FATF) gave an ultimatum to Pakistan to improve its counter-terror financing operations in line with an internationally agreed action plan by October, the Ministry of External Affairs (MEA) Saturday issued a statement saying it expected Pakistan to “take all necessary steps to effectively implement the FATF action plan”.
” We expect Pakistan to take all necessary steps to effectively implement the FATF Action Plan fully within the remaining time frame i.e. by September 2019 in accordance with its political commitment to the FATF & take credible, verifiable, irreversible and sustainable measures to address global concerns related to terrorism and terrorist financing emanating from any territory under its control,” MEA said in its statement on Saturday.
The FATF had said it was concerned that Pakistan had failed to complete the action plan first by a January deadline and then again by a May deadline.“The FATF strongly urges Pakistan to swiftly complete its action plan by October 2019 when the last set of action plan items are set to expire. Otherwise, the FATF will decide the next step at that time for insufficient progress,” it said after a meeting in Orlando, Florida.
