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The Financial Action Task Force (FATF) has completed its review of Pakistan's performance on two actions plan at a three day meeting in Paris. It is set to announce the decision today at 8:30pm according to Pakistan standard time. FATF's current president Dr Marcus Pleyer will hold a press conference The hybrid plenary session also reviewed other items on the agenda. Pakistan had submitted a 100% compliance report which came under review at the FATF meeting, according to reports. Pakistan efforts for compliance The federal government of Pakistan took a number of steps to comply with the FATF g...

The Financial Action Task Force (FATF) has opened its three-day plenary meeting in Paris. Besides discussing a host of other issues, it will also decide whether Pakistan has made enough progress to be removed from the FATF grey list. However, a decision is not expected before the final day of the meeting, that is, Thursday, October 21. The hybrid plenary meeting (from October 19 to October 21) would be attended by

Energy minister highlights that gas is cheaper in Pakistan compared to India

Energy minister says the increase in petrol price is in line with global rates, not because of IMF

The bill was passed by majority vote as the opposition kept on expressing its reservations. — Photo courtesy Senate website ISLAMABAD: The Senate on Friday passed another FATF-related bill amid an outcry from the opposition which suffered back-to-back defeats in the house where it otherwise enjoys dominating numerical strength. When Railways Minister Azam Swati tabled a motion seeking permission to introduce the Mutual Legal Assistance (Criminal Matters) Amendment Bill, the opposition members opposed the move. The motion was put for voting through division and was carried by 43 against 33...