Skip to main content

Pak Escapes FATF ‘Black List’ For Now But Not Out Of The Woods Yet



Parul Chandra New Delhi 21 June 2019

Pakistan has escaped the hangman’s noose in the Financial Action Task Force (FATF) for now, the noose being inclusion in the “black list” thanks to opposition from China, Turkey and Malaysia. So Pakistan remains in the “grey list” for now, but this could change as early as October if Islamabad fails to show progress on 27 indicators covering terrorist financing and money laundering. These indicators formed part of the FATF action plan given to Pakistan in June last year, which was reviewed at a meeting of the body in Orlando, Florida this week.

The FATF found no clarity on key issues including the reported $7 million given by the Pakistani federal and provincial governments to maintain schools, madrasas and clinics originally belonging to the Lashkar-e-Toiba and its front the Jamaat-ud-Dawa, the Jaish-e-Mohammad and its front Falah Insaniyat.

Questions were also raised about why Lashkar and Jaish terrorists were not arrested under terrorism laws, instead they were held under the Maintenance of Public Order Act which requires their release after 60 days.

Islamabad has three months to get its act together and show credible movement on the action plan. In public, Pakistani diplomats claimed the day’s development was a victory but ever since China lifted the block in the UN Security Council on the listing of Jaish chief Masood Azhar as a terrorist, there could be growing concerns over Beijing’s future inclinations.

Beijing’s decision to lift its “technical hold” on Masood Azhar at the UNSC would not have come as a surprise. But it also indicated Beijing saw no purpose in continuing to back its “Iron brother” on Masood Azhar, when it was internationally isolated on the issue. The same could happen in October if Islamabad fails to deliver on the action plan.

Further, India who is the co-chair of the Asia-Pacific Group to monitor compliance by Pakistan, has mounted increasing pressure on Pakistan to act against terror elements operating from its soil. With its fate hanging in the balance, Islamabad will need to take some concrete measures as it cannot afford being pushed into the FATF black list. That would mean even more downgrading by the IMF, World Bank and ADB besides reduction in risk ratings by Moody’s among other agencies. It could spell collapse of the Pakistani economy.


https://sniwire.com/neighbours/pak-escapes-fatf-black-list-for-now-but-not-out-of-the-woods-yet/

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

Historical relationship between Kurd and Baloch.

      The Kurds are the ethnical group living in a region known as Kurdistan which is divided into Iraq, Syria, Turkey and Iran. They  are struggling for an independent region since decades and they are famous for their female guerrilla fighters.         On 25 September 2017, the referendum for an independent Kurdish region  was held in Iraq with a turn out of 72 %.    On this important occasion, the historical relation between Kurd and Baloch people is worth discussing.        When it comes to history, every nation tends to find its roots and origin. Same goes with the Baloch people. The Baloch people are always curious  about  finding their roots in history. Even if you  talk to a shepherd in Balochistan, he will be curious to talk about his  tribal or ethnical roots.       The Balochs have always conveyed the history to the next generations in different mediums like poems etc. No Baloch before 20th century had written books on  history  or origin of the Baloch nation .